Economics

Warning Bells Sound for U.S. Economy As Virus Squeezes Ports

  • U.S. seaports may see 20% slowdown through April: Association
  • Drop in oil prices to impact volume at Corpus Christi port
Gantry cranes stand idle at the Port of Los Angeles in California on March 8.Photographer: Tim Rue/Bloomberg
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Accustomed to running at full speed this time of year, George Powers has watched as a shipping slowdown tied to the coronavirus sidelines more than half his warehouse workers at the usually bustling Port of Savannah on the U.S. East Coast.