The coronavirus has cut deeply into the volume of cargo crossing the docks at U.S. seaports in a further sign of the economic turmoil caused by the outbreak. First-quarter cargo volume at U.S. seaports will be down as much as 20% from the prior-year period due to the coronavirus, according to an estimate from the American Association of Port Authorities , a Washington, D.C.-trade association representing public port facilities. Cary Davis, the group’s director of government relations, said a key contributor to the estimate are canceled sailings to and from parts of Asia where the impacts of the coronavirus have been most severe. Every port is situated differently, but “looking port-by-port, we either see that they’re unaffected or down drastically,” Davis said. He also cautioned actual cargo volumes could turn out differently, such as if canceled sailings could be reinstated as […]