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Coronavirus Outbreak Puts Pressure North American Intermodal Volumes
Thursday, March 12, 2020 - 1:52pm | 596The 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. While Mexican...
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Today's Pickup: Oil Demand Growth Forecast Cut Over Coronavirus Outbreak In China
Thursday, February 13, 2020 - 3:02pm | 652Good day, In the wake of the coronavirus breakout in China, OPEC has cut its oil demand growth forecast by 230,000 barrels per day (bpd) from last month's estimate. It now expects global oil demand growth at 990,000 bpd, citing the havoc the coronavirus has had over industrial activity and people...