Coronavirus Update - June 18

Allyn International is committed to providing you with the latest and most accurate 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.  

Ocean liners have cancelled more than a quarter of all sailings on Asia to Europe and trans-Pacific lanes. According to SeaIntelligence, the blank sailings will remove more than 4 million containers of capacity from the market well into the third quarter. The tighter capacity will likely keep rates at a relatively high level and may create a backlog. Early booking with confirmation is advised to secure your space.  

While ocean liners are removing capacity from the market, air cargo capacity, although tight, is increasing as passenger airlines resume limited domestic and international passenger service. 

Americas

• LATAM Airlines Argentina has suspended cargo and passenger operations. LATAM Cargo will continue to operate within the region as needed.
• The Denver International Airport received its’ first international flight in 75 days. The twice-weekly flight between Denver and Guadalajara, Mexico will allow essential travel between the two cities.

United States – 2,168,414 confirmed cases, 592,191 (27%) recovered, 117,972 deaths
Brazil – 955,377 confirmed cases, 521,046 (55%) recovered, 46,510 deaths 

EMEA 

• Borders throughout Europe have reopened to travelers. Social distancing measures remain in effect in most areas but regulations do vary between countries.

Russia – 560,279 confirmed cases, 313,409 (56%) recovered, 7,638 deaths 
United Kingdom – 301,935 confirmed cases, 1,304 (0.4%) recovered, 42,373 deaths
Spain – 245,268 confirmed cases, 150,376 (61%) recovered, 27,136 deaths 
Italy – 237,828 confirmed cases, 180,544 (76%) recovered, 34,448 deaths 

APAC

• The Indian State of Nadu instituted a complete lockdown until June 30 for four districts in the State due to an increase in virus infections. The movement of goods and vehicles transporting essential commodities will be allowed during the lockdown period.

India – 366,946 confirmed cases, 194,325 (53%) recovered, 12,237 deaths 

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

Global Air Cargo Transport – Updated 06.18.2020 

Please note: the above table displays airport operational updates and does not include carrier capacity data.

* Chicago, Denver, Atlanta and New York City airports are operational for cargo, but staffing reductions are impacting efficiency. No freighters are flying in Denver as a result of state government restrictions. Los Angeles and San Diego operating with restricted operations, cargo movement impacted.
** Restricted operations in India are impacting cargo flights; freighters are operating with reduced capacity.  Customs of non-essential goods have resumed subject to availability of Custom’s officers.  

Global Air Freight Capacity by Trade Lane – Updated 06.18.2020 


Global Ocean Transport Impact – Updated 06.18.2020 

Please note: The above table displays seaport operational updates and does not include individual carrier capacity data. 

Global Ocean Container Average Weekly Price by Trade Lane – Baltic Index – Updated 06.12.2020 

*Source: Freightos Baltic Index

Global Road and Rail Transport – Updated 06.18.2020 

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 06.18.2020 

The US trucking market continues to indicate a recovery as the US economy emerges from COVID-19 lockdowns. Compared to May averages dry van spot rates are up 9%, flatbed spot rates have increased 6% and in the refrigerated segment, rates jumped 4% this month.  

• Rates within most US markets are currently at normal or below normal levels however areas that may see an increase are:
  • Loads with the origin of Oregon, Montana, South Dakota and Wyoming.

Compared to its normal range, the heatmap below displays the US truck spot rate timeline from March 12 to June 15, 2020 based on the 7-day average origin rates for dry van trailers.  

The map below shows each US state’s current operational status. 


Our operations and consulting teams are working diligently and will continue to offer alternative solutions to move your cargo in the most cost-effective and efficient way possible. All Allyn International regional offices are fully operational and will continue to support you as we navigate the current and future challenges. 

For your convenience, our COVID-19 updates along with additional information from our tax, trade and logistics teams are available on our website www.allynintl.com.  

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.