by Wolf Richter
Wolf Street
But the coronavirus impact has not been felt yet; that will come later.
Shipment volume in the US by truck, rail, air, and barge plunged 9.4% in January 2020 compared to the already weak January a year earlier, according to the Cass Freight Index for Shipments. It was the 14th month in a row of year-over-year declines, and the steepest since October 2009, during the Financial Crisis: