In the first article of a two-part series, FreightWaves examines how COVID-19 affects regional container markets and carriers serving the Caribbean Basin. Part Two will address fallout at the Caribbean’s all-important transshipment hubs.
A monster economic hurricane has suddenly stalled indefinitely over each of the Caribbean islands simultaneously.
Coronavirus deaths remain relatively low here — it’s not yet a pandemic hotspot — but financial fallout is potentially catastrophic due to the region’s reliance on tourism.