top of page
Search
  • Writer's pictureStephen Fodor

Corona Virus Leads to China Shipping Slowdown


Importers beware, due to the steps in place to help contain the Corona virus in China production in China-based factories is running far behind schedule and ocean carriers are warning of more cancelled sailings in the coming weeks and perhaps longer. This article from the Wall Street Journal is important reading for all involved in international trade - https://www.wsj.com/articles/chinas-shipping-nears-a-standstill-amid-coronavirus-disruption-11581699854.


So what should you do to help limit the disruption in your supply chain? Order early and communicate with your supplier to get accurate estimates on production times and cargo availability. Stay in touch with your freight agent (Customs Broker or Freight Forwarder) to help ensure that when your cargo is ready to ship they'll be able to help you secure space on the earliest possible sailing. Communicate with your customers; though most everyone has heard of this virus many don't understand its impact on the international supply chain and the ripple effect that may last for months.


SAVANNAH PORT PREDICTS FREIGHT VOLUMES 40% BELOW NORMAL FOR MARCH AND APRIL


The Port of Savannah, the fourth busiest port in the US is predicting container volumes to remain at 40% below normal in March and April. The largest ports (Los Angeles / Long Beach) are reporting volumes about 30% below average during that same period.

While Chinese ports are reporting an uptick in export volumes it appears the the return to “normal” may be several months away.


We're here to help answer your questions and we offer a free analysis of your supply chain so that we can help identify ways you could save time and money. Contact us today at info@tradelogicintl.com.

42 views0 comments

Recent Posts

See All

Importer Pleads Guilty to Duty Evasion

The owner of a U.S. based import business faces a maximum penalty of five years in prison, a $250,000 fine, a three-year term of supervised release, and a payment of $1,090,000 in restitution. The imp

Subscribe to My Linkedin Newsletter

To help you keep up to date on topics the impact the U.S. international trade community, be sure to read my latest newsletter and subscribe for future updates too. https://www.linkedin.com/posts/trade

Section 301 Duty Exclusions Set to Expire on 12/31/23

Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec. 31st. Importers who currently enjoy these exclusions on their pr

コメント


  • Twitter
  • LinkedIn
  • Facebook
  • YouTube
  • Instagram

need assistance from a licensed CUSTOMS broker?

Thanks for submitting!

bottom of page