Companies wondering how to handle risks the worldwide coronavirus outbreak will have on global supply chains should look for clues to the Great Recession of 2008-09, the last time so much capacity stood idle.

For different reasons, the Great Recession and the coronavirus outbreak have affected global shipping in much the same way, said Lars Jensen, a container shipping analyst and CEO of SeaIntelligence Consulting in Denmark.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...