The reduction in industrial activity caused by the coronavirus pandemic has taken a toll on U.S. gasoline consumption, potentially causing Marathon and others to cut their oil imports. Pace Industries has blamed COVID-19 for the need for a financial restructuring. Also: tardy Brexit talks due to COVID-19 raise risks for future supplies; New York beat LA in March, EU exposure set to become a problem; lower tariffs cut burden on U.S. importers, reduce pressure on Chinese exporters; EU restricts restrictions to masks, medical protectionism still on the march; and the IMF sees 11% global tra...
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