Shanghai lockdown is not causing global supply chain chaos (yet)
The Shanghai lockdown isn’t following the same supply chain script as the big Chinese disruptions of 2020 and 2021.
The Shanghai lockdown isn’t following the same supply chain script as the big Chinese disruptions of 2020 and 2021.
“50% of our ocean freight out of these two ports are non-electronic products,” explained Terry Unrein, COO of the Americas for Seko Logistics.
Seko Logistics, Worldwide Logistics among those reacting to China’s “zero-COVID” strategy.
Halloween is among the most popular holidays in America, so the horrific congestion this year is no treat for the nation’s supply chain.
U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.
Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
The biggest container shipping line in the world says container traffic at the massive Port of Yantian in China is moving much better after COVID restrictions were recently lifted. But exporters have a long way to go before ocean shipments go smoothly again.
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Device makers ask the federal government for help getting shipments through crowded ports, but it’s not clear how that would work.
The Port of Yantian is operating at 100% on the vessel side again after a month of delays, but that doesn’t mean the container buildup will get resolved soon.
In an effort to keep trade flowing, major carriers have canceled sailings to Yantian — a useful diversion that has created a whole new chain of bottlenecks.
No matter the rhetoric, the unvarnished truth is it takes people to move trade.
Out of an abundance of caution, carriers like Maersk extended the suspension of vessels into the ports from May 31-June 6.
Singapore-based container carrier digs out from $586 million fiscal-year loss to report $105 million profit and procures 5,000 40-foot units.