DAT noted that February’s decreases were in line with seasonal trends, while not “necessarily attributable to factory closures during the COVID-19 coronavirus outbreak in China.” And it added that import traffic was already in decline, due to a scheduled lull for Chinese New Year, with the gap in traffic extended longer than expected, truckload demand in West Coast markets will be more likely to rebound slowly.
Source: logistics Mgmt
DAT Truckload Volume Index trends down in February
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