We were trying to make this a “Coronavirus Free Zone.” We know everyone is burned out on the subject, but its impact is just too big to ignore. So, in a nutshell, here it goes….
Containerized shipping from China should have resumed a month ago after the traditional Chinese New Year (CNY) holiday. In an effort to ebb the transmission of the Coronavirus, the Chinese government first extended the CNY holiday by one week. To further limit the spread of the virus, for the next couple of weeks, the Chinese government restricted the free movement of people from one province to another, which also delayed the return of workers and factories coming back on-line. Operations in China have yet to fully rebound.
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Because of the blank sailings and depressed volumes, empty equipment is ill-positioned…LA/LB are overflowing with empties but inland locations are deficient.
According to many experts the Coronavirus itself is just that, a virus, like the flu, and they do not think we need to panic. Take precautions… wash your hands frequently with soap and water, use hand sanitizer when water is not available, keep your hands away from your mouth and nose, stay hydrated, sneeze/ cough into a tissue or your elbow, stay away from those that are sick, and if you are sick, STAY HOME!