(Source: Freight Waves, March 12, 2020)
CHATTANOOGA, Tenn. — The coronavirus outbreak could start to be affecting North American intermodal rail volumes on a weekly basis, the Association of American Railroads (AAR) said. For the week ending March 7, North American intermodal traffic was down nearly 12% from the same period in 2019, AAR said. The slump in intermodal volumes could be tied to the drop in Chinese manufacturing output and the drop in ocean vessels arriving at West Coast ports, which in turn were outcomes from the coronavirus outbreak that occurred in China.
Full story: Freight Waves