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Month: May 2020
TIA Daily COVID-19 Update: May 28th
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TIA Daily COVID-19 Update: May 27th
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TIA Daily COVID-19 Update: May 26th
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TIA Daily COVID-19 Update: May 22nd
As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Daily Update for May 22. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.
ADVOCACY UPDATE:
In response to ongoing debates in the industry related to the COVID-19 pandemic, TIA has released the following flyer to its members and the industry at large, calling on all members of the transportation industry – carriers, shippers and brokers – to come together and focus on the issues that have long plagued the industry. Learn more by clicking here.
NOËL PERRY UPDATE:
Friday was a mixed day, up in cases week-over-week, down in deaths. Note in the bottom chart on Exhibit 1 that the ratio of deaths to cases has fallen gradually since the death rate peaked around April 20. That decline is a good thing, suggesting either an improvement in health care or a decline in the potency of the bug.
You will see, as always in Exhibit 2, bottom, that the increases in cases come from the states with ‘newer’ contagions, especially the large states in the Sun Belt. We have seen such differentials throughout the spread of COVID-19, as the bug works its way through one population then another. This is why we emphasize the progress made in Western Europe and now the Northeastern U.S. states. What has happened there will eventually be happening throughout the U.S. and then in south of our borders where the contagion is yet in its acceleration stages.
We’ll be back on tomorrow with COVID-19 updates and information that came through overnight.
As we celebrate Memorial Day, we are grateful for all those who have served, and especially those who made the ultimate sacrifice for our country. Please enjoy the West Point band and Master Sargent MaryKay Messenger as she sings all five service songs.
TIA Daily COVID-19 Update: May 22nd
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TIA Daily COVID-19 Update: May 21st
As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Daily Update for May 21. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.
FEDERAL UPDATE:
The House of Representatives is preparing to vote on changes to the government’s small business loan program next week that will offer more flexibility to companies affected by COVID-19 after widespread concerns by some businesses about strict mandates, including several from small businesses throughout the United States. Alot of owner-operators were not able to take advantage to the loan programs, because the way the rules were written.
The changes to the Paycheck Protection Program (PPP), designed to help struggling businesses stay alive and keep paying their workers during the pandemic, is likely to garner bipartisan support in both the House and Senate as lawmakers on both sides of the aisle have voiced support for fixes to the landmark program. It’s likely to be one of the first measures the House will vote on by proxy to limit the number of lawmakers gathering in the U.S. Capitol, though exact timing on the vote hasn’t been released yet.
TIA Government Affairs team will continue to monitor the situation and report back on passage of any COVID-19 relief package.
LUNCH & LEARN UPDATE:
Thanks to everyone who joined today’s Virtual Lunch & Learn webinar, “The Impacts of COVID-19 on the United States, Mexico & Canada Cross-Border Movements.” As a reminder, all Virtual Lunch & Learn webinars can also be accessed on-demand.
NOËL PERRY UPDATE:
Another decent U.S. day with a noticeable decline in the U.S.7-day death rates. The only significant statistical change is another spike in U.S. tests. It appears that we have a typical case of American enthusiasm. It is no surprise that Russia, with the second-largest contagion, trails only the U.S. in total tests. This is a strange renewal of our traditional rivalry with the Russians.
You will find reassuring data in Exhibit 4, another good piece of work from J.P. Morgan. That data test whether contagion rates have gone up in countries and states that have relaxed economic restrictions. The answer to the test is a resounding “no!” Contagion rates have continued to fall regardless of an entity’s” policies. Infection rates have not risen as most health experts have predicted and are still warning us about. Perhaps it is simply a media hungry for another eye-catching story. Either way, the data says the opposite, contagion rates have not risen as people have interacted more.
We’ll be back on tomorrow with COVID-19 updates and information that came through overnight.
Here are the Andrews Sisters with, “Six Jerks in A Jeep”.
TIA Daily COVID-19 Update: May 20th
As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Daily Update for May 20. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.
LUNCH & LEARN UPDATE:
Don’t forget to join us at 12:00 PM ET tomorrow for TIA’s Virtual Lunch & Learn webinar, “The Impacts of COVID-19 on the United States, Mexico & Canada Cross-Border Movements.” Participants will hear from industry experts regarding current COVID-19 regulations and business closures, the impact on labor and the overall economy, and cross-border logistics and transportation between the United States, Mexico and Canada.
NOËL PERRY UPDATE:
The U.S. new case and death numbers resumed falling on a week-over-week basis on Tuesday. Most of Europe is in a maintenance mode with new cases at relatively stable low levels. Of the ‘experienced’ contagions, only Iran’s has shown a resurgence. Although that is in cases, not deaths.
There are two views of the contagion process. The medical experts talk about a ‘reproduction’ rate, the number of new cases each old case produces. If greater than one, the contagion expands. If less than one, the contagion shrinks. Thus we get the justification for sequestration. Keeping interaction low produces a reproduction rate below one. It is assumed that the sequestration has achieved that, and, as sequestration is lifted, the reproduction rate will increase. Note that no one has yet successfully measured reproduction, nor has anyone verified that sequestration is indeed limiting interaction to a meaningful degree. The projections you encounter in the media are all model-driven, based on a collection of logical, but still hypothetical assumptions.
The alternate view of the process is that the bug moves through the population, exposing most people over time, infecting a minority, and causing grave danger to a minority of those infected. The Idea is that each strain of influenza affects a different fraction of the population according to individuals’ resistance to infection. On the Diamond Princess Cruise ship, almost all were exposed, forty-six people were infected. None died. In New York, despite the presence of the bug well before sequestration took effect, only one in fifty has been infected, and 8% of those infected have died. Apparently, most of the passengers on the Diamond Princess and most New Yorkers are resistant to this bug. Remember, there is a flu season every year, without sequestration, that infects about 10% of the U.S. population. The rest of us skate free. This bug has infected far fewer so far, .4% of the population, but sadly has a higher mortality rate than normal cases of flu. Note importantly, that both views benefit should the bugs mutate to less dangerous forms. These things do go away eventually, and likely before all populations are exposed.
As one evaluates the two views, keep in mind that the statistics support the second view. The reproductive model cannot explain why Asian countries have radically lower health effects than European and American countries. Nor can it explain why case numbers have not risen in countries that have reduced sequestration. They are playing baseball in South Korea now. As a result, we will continue to provide you with the statistical evidence while remaining vigilant in our search for new evidence.
We’ll be back on tomorrow with COVID-19 updates and information that came through overnight.
Continuing our service’s theme, here’s Irving Berlin’s, “This is the Army” from 1942.
TIA Daily COVID-19 Update: May 19th
As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Daily Update for May 19. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.
ADVOCACY UPDATE:
In response to ongoing debates in the industry related to the COVID-19 pandemic, TIA has released the following flyer to its members and the industry at large, calling on all members of the transportation industry – carriers, shippers and brokers – to come together and focus on the issues that have long plagued the industry. Learn more by clicking here.
TIA UPDATE:
Be sure to register for TMSA’s webinar – COVID’s Impact on Transportation: From Crisis to Recovery – on Wednesday, May 20th at 2:00 PM ET. This webinar will feature TIA’s President & CEO Bob Voltmann and Chief Economist Noel Perry, along with Tom Sanderson, Haydn Powell, Daniel Stanton, Scott Grady, and Brian Everett. Learn more or register now!
LUNCH & LEARN UPDATE:
Thanks to everyone who joined today’s Virtual Lunch & Learn webinar, Managing Your Intermodal Program During COVID-19. As a reminder, all Virtual Lunch & Learn webinars can also be accessed on-demand.
NOËL PERRY UPDATE:
Monday marked the first of the expected pauses in the fall of new cases in the U.S.. Led by gains in most of the Big city/Industrial states, U.S. week-over-week numbers were up for the first time in two weeks. Western Europe went through three or four such disappointing stretches.
Of more concern is the rising trend for cases in Iran. Could this be signs of the first second wave of cases? Probably not. The charts at the bottom of Exhibit 1 show that deaths have continued to decline in Iran despite the swing upwards over the last two weeks in cases. Looks like the Iranians are keeping records differently now.
We’ll be back on tomorrow with COVID-19 updates and information that came through overnight.
Continuing our service theme, here are the Andrews Sisters singing, “The Boogie Woogie Bugle Boy.”
TIA Daily COVID-19 Update: May 18th
As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Daily Update for May 18. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.
ADVOCACY UPDATE:
In response to ongoing debates in the industry related to the COVID-19 pandemic, TIA has released the following flyer to its members and the industry at large, calling on all members of the transportation industry – carriers, shippers and brokers – to come together and focus on the issues that have long plagued the industry. Learn more by clicking here.
TIA UPDATE:
TIA has released its First Quarter 2020 TIA 3PL Market Report. The results show that participants’ total shipments decreased by 3.4% compared to Q1 2019, while the gross margin percentage experienced a decline of 170 basis points. Combined total shipments of truckload, intermodal, and LTL decreased by 3.4%. Participating companies also reported declines of 8.5% in revenue and a 15% decline in gross margin. To learn more or to access the market report, please click here.
Also, be sure to register for TMSA’s webinar – COVID’s Impact on Transportation: From Crisis to Recovery – on Wednesday, May 20th at 2:00 PM ET. This webinar will feature TIA’s President & CEO Bob Voltmann and Chief Economist Noel Perry, along with Tom Sanderson, Haydn Powell, Daniel Stanton, Scott Grady, and Brian Everett. Learn more or register now!
LUNCH & LEARN UPDATE:
Trains are running, goods are flowing, and you need to make sure intermodal is in your COVID-19 Transportation Tool Kit. Make sure you’re business is properly managing its intermodal program with tomorrow’s Virtual Lunch & Learn webinar, Managing Your Intermodal Program During COVID-19.
NOËL PERRY UPDATE:
Sunday’s data for the U.S. continued a moderating trend, being down only 438 cases from a week ago and up 115 in deaths. The death numbers were largely the result of an unfortunate day in New Your where deaths were up 115. Note, however, that New York deaths are still down 69% from their peak.
Note, as always, Sunday stats are well done from the previous day it being a weekend day. Sunday is the minimum day for deaths as Monday is for cases. In international news, France is now the first large Western European country to join the ranks of recovered (tentatively).
We’ll be back on tomorrow with COVID-19 updates and information that came through overnight.
For today’s song, we’ll continue our service theme with a second Army Air Corps theme song, Glenn Miller’s “American Patrol.” The color photos of the planes that won the battle of the skies in Europe are spectacular.
