What impact is the coronavirus having on transportation and logistics? When will freight flows return to typical volumes, and how will over the road transportation rates be affected? How can shippers plan ahead to ensure they have access to capacity at acceptable rates?
These questions, and many more, are on the minds of many shippers as they grapple with the potential whipsaw effects of the coronavirus.
Ross Spanier, GlobalTranz’s Sr. VP of Sales & Solutions weighs in on these questions alongside other industry leaders in this article in the Journal of Commerce (subscription required). “Many customers have been preparing us for a surge as delayed containers come to the ports,” Spanier said. “Some customers are rushing to add more volume to their routing guides. Instead of a few additional trucks a week going to distribution centers, they’re preparing for up to 35 percent more volume…We’re anticipating rates will increase domestically heading to California because they won’t be able to get freight out of there,” said Spanier. “We will have to think about storage space and accessibility of empty containers.”
For more insights on how shippers can prepare for the unpredictable impacts of the coronavirus, please read the full article here.