Big changes are coming in the movement of cargo between the U.S. and Mexico as a result of the coronavirus pandemic, according to a freight forwarder and customs broker in that trade.
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The Global Economic Impact of COVID-19
When the novel coronavirus, now named COVID-19, first crept up in the city of Wuhan, China, in early 2020, no one could have predicted how this new virus would ultimately disrupt the global economy. Now, many around the world are contemplating how global supply chains may be affected and how things will play out in […]
Air cargo community responds to pandemic supply shortage
The aviation and air cargo sectors have mobilized in a big way to help supply personal protective equipment (PPE), hand sanitizer, ventilators and other desperately needed items for combating the deadly COVID-19 disease.
Experts Stress Partnerships as COVID-19 Disrupts Supply Chain
Transportation agencies and planners should rely on communication and partnerships as they respond to immediate needs and assess long-term effects associated with the coronavirus. That was the assessment by Anne Strauss-Wieder, director of freight planning for the North Jersey Transportation Planning Authority.
Regulatory flexibility needed to keep supply lines open, airfreight industry says
More governments need to relax regulations and simplify permitting procedures for air cargo charters so that vital medical resources can quickly be delivered to areas dealing with the deadly coronavirus outbreak, industry officials say.
North American intermodal volumes plunge to near-decade low
North American intermodal rail volumes last week fell to the lowest point in nearly a decade, underscoring the dramatic fall-off in containerized imports and slowing growth in the shipment of trailers and domestic containers.
FMCSA Extends HOS Emergency Declaration Through May 15
The Federal Motor Carrier Safety Administration has extended and expanded its emergency declaration providing regulatory relief to truck drivers who are transporting emergency supplies during the coronavirus outbreak.
How the COVID-19 outbreak is hitting supply chains
Anthony and Zach have special guests Former Flex CEO and current strategic adviser to Clear A.I. Mike McNamara and FreightWaves Chief Strategy Officer JT Engstrom on to discuss coronavirus’ impact on various pieces of global supply chains and give an update on how the economy and freight market are reacting domestically.
WTO: Coronavirus crisis could rival Great Depression
“These numbers are ugly. There’s no way around that,” admitted World Trade Organization (WTO) Director-General Roberto Azevedo during a press conference on Wednesday, upon the release of the WTO’s coronavirus forecast.
Ship Crews Stuck in Lockdown Strain Global Supply Chains
Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic.