Brazil truck cargo down 44% after coronavirus lockdowns


SAO PAULO, April 14 (Reuters)Truck shipments in Brazil were down 43.9% in the seven days through April 12, compared with average daily cargos registered before lockdowns to prevent the spread of coronavirus went into effect in March, an industry group said on Tuesday.

The figures from transportation industry association NTC&Logistica showed that demand for truck freight fell from the prior seven day period, when its weekly survey showed shipments were down 38.7% compared to pre-lockdown levels.

“This is a worrying situation mainly because each week we’re seeing this number go up and we know the losses this is causing in the sector,” said President Francisco Pelucio of NTC&Logistica.

Shipments of agricultural commodities have been slightly more resilient as Brazil is in the midst of its annual grains harvest, but also registered sliding demand in the last week.

Agribusiness cargos were down 23.5% in the week through April 12 from pre-lockdown levels, worsening from 14.2% down a week prior.

(Reporting by Roberto Samora; writing by Jake Spring)

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