Page 31: of Marine News Magazine (May 2020)

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INLAND WATERWAYS

Campbell Transportation Company “Although it’s very tough to predict the full impact of the coronavirus in a recession, we think our marine trans- portation businesses are well positioned to weather this potential depressed mar- ket conditions. We anticipate that our volumes could decline, but we believe as in past cycles that our marine customer contracts in our variable cost structure will help to minimize the impact on the company.” Grzebinski said.

The story is entirely different for dry cargo barging, which was a challenged market even before the recent oil price crash and before the novel coronavirus was discovered in December 2019.

The US’ second-largest dry cargo 31 www.marinelink.com MN