The freight forwarding industry faces several challenges as coronavirus spreads. While activity is returning to normal in China according to UPS, there are logistical issues – such as out-of-position empty containers – and regulatory restrictions such as U.S. and EU travel bans. FedEx and DSV Panalpina has withdrawn their earnings guidance for this year, with DSV stating that “the impact on supply, demand and transport and logistics capacity is global”. U.S. seaborne imports from China fell by 21.0% year over year in February, while those from the EU slipped 0.9% lower. UPS was one of th...