The effects of coronavirus on the global shipping industry could last for many weeks or even several months. The last time something so big affected the shipping sector was during the Great Recession of 2008-2009. Even though there are different reasons, the impact on flatbed shipping companies has been much the same.

flatbed shipping companies

The COVID-19 outbreak has triggered shutdowns of many businesses. That caused markets to crash. It also highlighted companies whose supply chains have suffered because of the crisis.

How the Virus Affects Shipping

In the first couple of months of 2020, many Chinese factories have slowed production or stopped their operations. That caused the cancelation of many cargo shipments. Many shipping containers are now sitting empty in the ports in North America and Europe. The 2008-2009 recession caused a similar decrease in customer demand.

Continue Reading for more details.

Address Details :

MGA International

279 Norseman St, Etobicoke, ON M8Z 2R5

Business Email:

Business Phone Number: 416-233-0200