The economic downturn for the past few months has a lot of people on the edge of their seats, especially in the fleet industry, but how is this economic decline from coronavirus effecting your fleet? The COVID-19 scare may create a snowball effect, leading to incoming shipment decline for ports, fuel price fluctuations, and an overall decrease in carrier jobs country wide. Decline in Port Shipments Currently, the ports feeling the most decline are mainly the west coast cities like Los Angeles, Long Beach and Seattle, who have seen a dip in containerized cargo by 9% in February when compared…
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