GTDW FDI Trade & Supply Chain Digitalisation News
Feb 28, 20202 min
“The turning point has arrived … We are seeing that port congestion has eased and logistics start to revive,” said Xu Kai, director of the Shipping Information Research Institute at SISI.
Crane operators, customs officers, tugboat pilots and other key logistics links have began to slot into place after lockdowns across the country had led to congestion.
China is the largest container cargo handler – processing around 30 per cent of global traffic or around 715,000 containers a day in 2019
China’s top container ports are loosening the backlog of cargo on their docks as workers return after coronavirus travel curbs that kept them away and jammed up global supply chains have been eased due to labour shortages caused by city lockdowns across the country.
The flu-like epidemic, which originated in the city of Wuhan, an inland logistics hub in Hubei province, has killed more that 2,700 and infected over 78,000 in China alone, and caused massive port congestion
China is the largest container cargo handler – processing around 30 per cent of global traffic or around 715,000 containers a day in 2019 – and the virus clampdown impacted supply chains of everything from trainers and machine parts to technology components and food items.
returning from the prolonged Lunar New Year holiday forced ports to operate with skeleton staffing. The average wait time for container vessels at Zhoushan in southern China – the third-largest container port in the world by annual handling capacity – spiked to more than 60 hours in the second week of February, when travel curbs on workers returning from the prolonged Lunar New Year holiday forced ports to operate with skeleton staffing. VIEW ARTICLE
GTDW China Trade Development Week Forum & Expo 16-18 June 2020, Shanghai Pudong
全球贸易发展周-中国论坛 | 2020年6月16日至18日| 中国上海
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