Coronavirus Update - October 20

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.

Ireland has announced a six-week lockdown that will begin tomorrow evening. The major shift to a nationwide lockdown has taken the citizens by surprise. Nonessential businesses will be closed, and people are requested to stay home. Schools and childcare centers will remain open. Ireland is the first European country to reimpose a national lockdown.

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. Minor container shortages.
• Capacity is available from Japan and UAE
• Capacity is low from South Korea to Europe, Asia Pacific, Africa and the Americas. Capacity is available to the Middle East. No container shortages.
• Capacity is very low from India to APAC, Europe, the Middle East and the US. Major container shortages.
• 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. Minor to medium container shortages.

United States of America Domestic Trucking Overview – Updated 10.20.2020
• The dry van spot rate is currently $2.42 (-1% week over week) per mile, while flatbed and reefer spot rates are $2.47 (0% week over week) and $2.59 (-0.41% 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.