Coronavirus Update - August 11

Allyn International is committed to providing you with the latest updates during this very fluid and ever-changing period. Our goal with the information provided below is to give you at a high-level, a current overview of the most heavily impacted regions.

Global Updates

• With growing case numbers, metropolitan Melbourne, Australia entered a six-week lockdown. Citizens are permitted to leave their houses for essential activities only. Face coverings will remain mandatory.
• Qatar Airways will resume daily flights to Los Angeles, Houston and Philadelphia this week with plans to expand service to New York in September.
• Air capacity remains low for US exports to Australia and India but freight costs, although higher than pre-COVID levels have stabilized.
• The increase in scheduled passenger flights has not provided the air cargo market with much of a capacity boost. The low levels of passengers have kept the airlines operating far fewer flights than normal.
• Truck drivers, previously exempt from registering online before entering Greece, must now do so before crossing the border.
• The international GCC land border connecting Saudi Arabia to other nations is now open for freight movement. Operations are limited.
• The land border between Brazil and Bolivia remains closed but cross borders between Brazil and other countries are open with reduced staffing.

The following tables will provide the current cargo transport operational status and capacity levels for heavily affected countries.

• Limited capacity from Australia to the Americas, Asia Pacific and Europe.
• Capacity is available from Japan and UAE
• Capacity is available from South Korea across all trade lanes except the Americas, where capacity is tight.
• Capacity is limited from India to APAC, Europe, Middle East and the US.
• Capacity is available from Singapore across all trade lanes except the Americas; where capacity is tight.

United States of America Domestic Trucking Overview – Updated 08.11.2020

• When compared to 2019, overall spot truck posts are down 10.1%. Dry van spot rates are up 10.3%, reefer spot rates are up 4.9% and flatbed spot rates are down 3% year over year.
• Tropical Storm Isaias caused some disruptions last week and pushed some freight into the spot market. Although some capacity has returned to the market national average rates remain elevated.

If you have any questions regarding the impact of the coronavirus to your supply chain or would like additional research and market intelligence, please contact our Americas Consulting and Sourcing manager Mitchell Turiel at Turiel.m@allynintl.com or (239) 219-7179.