Coronavirus Update - September 1

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

• Air capacity constraints on the trans-Pacific may become tighter due to the traditional peak season leading up to Christmas. Increased consumer spending, continued demand for PPE and new technology product launches may result in per kilogram rates similar to those seen in Q2 2020.
• Beginning today, the Mediterranean Shipping Company (MSC) has revised its Indus Express service and is offering improved transit times from India and the Middle East to the US East Coast.
• India has moved into the “Unlock 4” phase of reopening. There are no restrictions on Intra-state, crossland border trade with neighboring countries and inter-district movement of persons or goods beginning September 2.
• 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 very low from India to APAC, Europe, Middle East and the US. Moderate 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.

United States of America Domestic Trucking Overview – Updated 09.01.2020

• The truck freight recovery index peaked on August 20 at 65 percent higher than pre-pandemic seasonally-adjusted spot volume levels
• The average line haul for dry van freight in August was the highest on record.

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.