The Shanghai lockdown is delaying shipping schedules in South China and bringing down spot rates. And now Guangzhou has become the latest port city to undergo mass Covid-testing, a frequent precursor to tough restrictions under China’s zero-Covid policy. City-wide testing began on Saturday evening, along with travel...
China’s most-populous city has yet to give an indication of when lockdown measures will lift, fuelling greater uncertainty for those involved in global logistics. Shanghai’s daily Covid-19 infections set a record for the sixth straight day on Thursday, as citywide mass testing identified 19,982 cases in...
Inland containers depots (ICDs) in Chittagong are choked with additional handling orders for export boxes, while forwarders are frequently are facing increasing demand to take more. Exporters have attributed the rise in demand to a shift away from competing countries in apparel, such as China, Vietnam...
Less than a week after Hong Kong rolled back some of the world’s strictest inbound travel curbs, at least six airlines have had routes banned, creating havoc for travelers and further undermining the city’s role as a financial hub. Singapore Airlines Ltd., Emirates, Cathay Pacific Airways...
most importers don’t want to disclose the names of their Chinese suppliers. But, in the US, the names of shipper and importers (as shown on the bill of lading) is public information. And it is available through more and more websites: Import Genius, Panjiva, Tradesparq, Trade...
Please note in response to increased cases of Covid-19 in the Chinese province of Pudong, Shanghai will be locked down in two stages over the next nine days. This is the largest city-wide lockdown since the pandemic first broke more than two years ago. At present,...
The u-turn on a Shanghai lockdown was announced on Sunday followed record 3,450 asymptomatic Covid-19 cases and 50 symptomatic cases, numbers that seem small compared to most countries. The city of 26 million will be locked down in two phases for mass testing with the Pudong...
Congestion at North Europe’s container ports is on the rise again, causing ocean carriers to juggle their schedules and restrict import and export operations at terminals. Vessels are arriving at North European ports already delayed by supply chain disruptions in China, and with sanctioned Russian cargo...
In the U.S., the headwinds ocean carriers are sailing into are increasing in force. While the push in Washington for reform of the Ocean Shipping Reform Act is targeting antitrust immunity and calling for more curbs on carriers’ ability to impose charges, lawmakers in California are...
Terminals in Europe and North America have been told to brace for another whiplash effect from delayed shipments out of southern China. The cumulative TEU waiting time in days based on container vessel capacity (e.g., a vessel with a 10,000-TEU capacity waiting 12 days equals 120,000 TEU...
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