Coronavirus: Forwarders lack visibility as outbreak unfolds
China’s logistics activities remain in slowdown mode due to the extension of the lunar new year holidays; but with air and ocean capacity cuts by carriers, executives expect ‘a rush on all transport modes, and air in particular’ that will be reflected in rates and surcharges when Chinese factories resume production
Freight forwarder DSV Panalpina tells Lloyd's List that it is too early to estimate the extent of the fall-off in Chinese import and export volumes since the outbreak began