China said on Friday that cross-border travel between the mainland, Hong Kong and Macau would fully resume from Monday Feb 6th, dropping existing quotas and scrapping a mandatory Covid-19 test that was required before travelling. Group tours between China and the two special administrative regions will resume, while the number of Customs checkpoints open […]
Read MoreAnalysts and transportation companies agree that despite ongoing COVID challenges in China, it will not result in a widespread crisis leading to a shortage of goods and congestion in supply chains. The decline in China’s industrial production cannot be solely attributed to a lack of Chinese labor due to the pandemic. It is also […]
Read MoreOverall, China’s total container volumes have only seen a marginal contraction of 2.5% in April despite pandemic-related lockdowns in Shanghai. Even though Shanghai port recorded a -25% drop in containers handled in April, much of that volume was redirected with seven of the ten largest container ports located in China, The McCown Report assessed. Cargo […]
Read MoreCommissioner Rebecca F. Dye today released her Final Report for Fact Finding 29, “The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain,” a two-year investigation involving hundreds of Commission stakeholders participating through Team meetings, phone conversations, emails, and presentations to various groups. Commissioner Dye presented the Final Report with twelve Final Recommendations to […]
Read MoreAfter a few positive COVID-19 cases were detected at the end of May and the western area of the YICT were suspended, the situation continued to deteriorate with new positive cases confirmed in Shenzhen (ports of Yantian and Shekou) and Guangzhou (port of Nansha). While local authorities have implemented elevated safety measures (quarantine and […]
Read MoreShanghai container port has been operating but the lack of trucking capacity has resulted in chaos in supply chains. According to a global forwarder, trucking and entry problems are creating pressure at some yards in Shanghai port. Additionally, some carriers which include Maersk and ONE, have “started to cancel calls at Shanghai to instead provide […]
Read MoreCovid lockdowns in China Lori Ann LaRocco, CNBC Senior Editor, joins Worldwide Exchange to discuss the global supply chain crunch, and how Covid lockdowns in China are creating shipping clogs at the ports.
Read MoreSource: Splash247.com, Reuters Local authorities have eased lockdown restrictions in Shenzhen, saying the COVID-19 outbreak is now mostly under control. Factory operations and public transport in four districts including Yantian and a special economic zone have been put back into operation. Landside logistics and productivity at key manufacturing hubs had been impacted by […]
Read MoreInternational Shipping News After two weeks since Russia’s invasion of Ukraine, there seems to be a negligible impact on the container prices and leasing rates in China. Container availability has improved soon after the Chinese New Year until Friday across key ports in China. However, with the announcement of nationwide lockdowns, the supply chain […]
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