Current Coronavirus/Market Updates

Update as of:

January 18, 2021

**UPDATE**    2019-nCoV (Coronavirus) Situation

As Covid-19 continues to plague our economic environment and disrupts our daily lives, we feel it is important to keep you informed of the current market conditions.  Much of this will be published in our monthly market report.  Since October of 2020 our country has experienced significant logistics delays from China pushing lead times out dramatically in some cases.  The virus in China has again impacted many provinces where a number of nutritional materials are produced.  In addition, there has been historic disruption of cargo vessels staged off shore awaiting to be off loaded at each port of entry.  Supply of containers continues to be an issue in getting materials loaded for export out of China as well.

The Wright Group has spent countless hours working closely with our broadened supply chain base to help offset the impact of the virus.  Although, much of this can and likely will be out of our direct control, we plan to relay as much information as possible as those issues arise.   Here in the US the virus has also impacted local shipping.  Many have experienced a shortage of available trucks and optimal routing to support shipping lead time.  The Wright Group has expanded its fleet of trucks and plans to do more company delivered goods where resources allow.  We consider all of our customers important and will do our very best to support your business the very best way we can in these trying times.

Thank you for your continued patronage in support of our business.

OFFICIAL STATEMENTS

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PREVIOUS HEADLINES

February 18, 2020

From the NY Times

Coronavirus is Deadlier than Flu, Study Finds

The fatality rate of the new coronavirus is far higher than that of the seasonal flu, accoriding to a new analysis from the Chinese Center for Disease Control and Prevention.

The study found the fatality rate of 2.3 percent in China as of last week, though later figures suggest the rate has increased. In the U.S., flu fatality rates hover around 0.1 percent. 

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