Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Cargo owners should brace for a “cliff event” similar to the turmoil in the early ...
© Michael Tatman |
Although the US went through a phase of re-opening in June, intermodal traffic volumes remained stubbornly depressed.
With mounting concerns of further downward pressure on the economy from Covid-19, this is causing worries that its recovery will remain elusive for the reminder of the year.
Statistics published by the Intermodal Association of North America (IANA) show further declines across the board in June, with total intermodal shipments for the month down 4.9% from June 2019.
International containers showed the steepest drop – falling ...
Comment on this article