Coronavirus Update - August 25

Allyn International is committed to providing you with the latest updates during this very fluid and everchanging 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

• Maintenance schedules for aircraft have led to capacity reductions in the airfreight market.
• Ocean liners have curtailed their blank sailing schedules and added capacity back into the market. Capacity remains tight on Asia-US trade lanes and prices are expected to increase to new all-time highs when carriers implement their fifth general rate increase since early June.
• With the exception of India, road transport in the AP region is fully operational and experiencing only minor delays or disruptions.
• New COVID safety measures of varying degrees are being implemented across Europe to help curb the second wave of infections. All essential activities remain operational.

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

* Source: Freightos Baltic Index

• Limited capacity from Australia to the Americas, Asia Pacific and Europe. Minor container shortages.
• 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 low from Brazil across all trade lanes. Moderate container shortages.
• Capacity is available from Singapore across all trade lanes except the Americas; where capacity is tight.

Please note: The table above displays road and rail operational updates and does not include carrier capacity data

United States of America Domestic Trucking Overview – Updated 08.25.2020

• Total load volume last week was 66% higher than the same week in 2019 and 94% higher than the 5- year average.
• Beginning the week of September 7, truck availability may be limited due to the labor day holiday coinciding with the Commerical Vehicle Safety Alliance Annual International Roadcheck 3-day roadside inspections.

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.