WCA Advanced Professionals

Press Room

Coronavirus could hold up annual ocean shipping contracts (with video)
09 Mar, 2020

The degree of uncertainty within the U.S. container shipping industry is now verging on the surreal.

There’s the fallout from the Chinese factory shutdown, unknown consumer demand effects from the coronavirus, volatile fuel costs due to the IMO 2020 regulation, high debt levels among carriers, a collapsing stock market, and to top it all off, the trade war isn’t over yet.

To better understand how these issues could impact U.S. shippers of containerized cargo and their ocean carriers, FreightWaves interviewed Jim Blaeser, a director in the transportation and infrastructure practice of global consultancy AlixPartners.

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