TIA Daily COVID-19 Update – March 26th (Afternoon Edition)

As TIA continues to monitor the situation surrounding COVID-19 and it’s impact on the 3PL and transportation industries, here is your Afternoon Update for March 26. As a reminder, you can find all the latest information, resources, guidance, and news from TIA’s COVID-19 Response Center.

DEPARTMENT OF LABOR (DOL) UPDATE:
The DOL has published the model notice to employees in response to the passage and enactment of the Families First Coronavirus Response Act (FFCRA). This model notice is a version of what employers will be required to post in their businesses to advise employees of their rights under FFCRA.

INTERNATIONAL UPDATE:
Transport Canada has released guidance similar to the U.S. DOT from last week. There are few differences to be aware of, including a requirement to make sure the BOL states the load is for emergency relief and a requirement that carriers notify their specific provisions HOS director of their plan to operate under this emergency declaration.

NÖEL PERRY’S DAILY COVID-19 UPDATE:
Here’s Noel’s latest modeling. Yesterday was, as we should still expect, a mixed day in Western Europe and the focus of attention now. The oldest outbreak in Italy remains on a modest downslope. The bad news is that Germany, Spain, France, and the UK all saw an increase in their new cases. The good news is that most of the other countries show signs of stabilization. That is in welcome contrast to a week ago when all were in the upswing.

The U.S. continues on an upward slope with no signs of an early inflection. The best news is that our death rate is holding at 1.5%, much lower than elsewhere. Keep in mind that all the death rates are almost certainly overstated because of undercounting of cases.

Finally, Iran remains a troubling spot, having shown an upward path the last few days after gaining stability for the previous two weeks. It is now 31 days in without signs of inflection.

 

MISCELLANEOUS:
Eric Starks, Chairman & CEO of FTR Transportation Intelligence, is also providing updates, information, and guidance related to the COVID-19 outbreak and resulting crisis, which can be found here.

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We’ll be back tomorrow with the Morning Edition featuring COVID-19 updates and information that came through overnight.

For this afternoon, let’s think about the lights on Broadway and hoping they’ll be back on soon, with the Andrews Sisters’ “Lullaby of Broadway.”

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