Coronavirus Update - November 10

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 a high-level, current overview of the most heavily impacted regions.

In partnership with Germany’s BioNTech, US drugmaker Pfizer announced that its COVID-19 vaccine trials have shown it is 90% effective. That news was heard worldwide and has given people hope that we will soon be able to combat this terrible virus. Pfizer believes it could make up to 50 million doses this year and 1.3 billion doses in 2021.

Vaccine distribution plans have been underway for quite some time; however, Pfizer’s vaccine will require doses be kept at a staggering -75 degrees Celsius (-103F); far below the capabilities of standard freezers. Government and health officials are working to develop a plan to distribute and store the vaccine worldwide safely.

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, Europe, and the Middle East. Minor container shortages.
• Limited capacity from Japan to the Americas and the Asia Pacific. Capacity is available from Japan to Europe, the Middle East, and Africa. Slight container shortages.
• Capacity is low from South Korea to Europe, Asia Pacific, and the Americas. Capacity is available to the Middle East and Africa. No container shortages.
• Capacity is very low from Brazil across all trade lanes. Major container shortages.
• Capacity is very low from India to APAC, Europe, the Middle East, and the US. Major container shortages.
• Capacity is available from Singapore across all trade lanes except the Americas, where capacity is tight. Minor to medium container shortages.
• Capacity is available from the UAE. Minor container shortages.

United States of America Domestic Trucking Overview – Updated 11.10.2020
• The dry van spot rate is currently $2.47 (+3% week over week) per mile, while flatbed and reefer spot rates are $2.44 (+2% week over week) and $2.70 (-2% week over week), respectively.

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.