China’s New Covid Surge Cripples Important Global Factories & Ports

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  • Freight booking cancellations are increasing at the ports of Shanghai and Shenzhen as “factories cannot operate properly due to a lot of workers getting Covid.”
  • Congestion is also building off of the Ports of Ningbo and Qingdao as well, per Chinese logistics company HLS.
  • Logistics managers are warning of very soft volume after the Lunar New Year with canceled or delayed bookings for the 2nd half of January and early February.

The surge in Covid-19 cases in...

https://mfame.guru/chinas-new-covid-surge-cripples-important-global-factories-ports/

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