Panjiva Daily: Matson stays healthy, competitors weaker; tire industry loses grip as COVID-19 drags — Panjiva
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Panjiva Daily: Matson stays healthy, competitors weaker; tire industry loses grip as COVID-19 drags

Global 1391 Panjiva Daily 723

Container-line Matson has withdrawn its earnings guidance due to the coronavirus outbreak, but nonetheless saw growth in U.S. shipments in Q1. The tire industry is suffering the knock-on effect from COVID-19’s drag on the autos industry. Also: Indian Oil uses exports to deal with COVID-19’s domestic demand drop; no-one wins as coronavirus spreads but not all exporters will see a decline; Saadé expects far from smooth operations in May due to COVID-19 disruptions; Brexit talks about talks rather than zooming ahead; Mexico asks for slower USMCA autos rollout; and South Korea helps long-bel...

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