Yantian, the main port of Shenzhen in Southern China near Hong Kong, is partially closed due to a recent Covid outbreak. It was reported that five crew members aboard a container ship docked there have tested positive for the virus. As a result, the port has been temporarily closed and it is not receiving export … Continued
Throughout the pandemic, India benefited from supply sourcing diversification, but the renewed surge in Covid-19 cases challenges the countries’ procurement success. The recent government lockdown threatens to slow the pace of the countries’ containerized freight movement. Labor shortages, port congestion and long dwell times are beginning to be reported. Labor Shortages The lockdown restrictions are … Continued
In an effort to slow down an explosive surge in Coronavirus cases, India is under a week-long lockdown which began Monday. Hospitals are reaching capacity as the virus is now spreading at a rate faster than at any other time, according to India government authorities. The Indian government is still designating shipping as an essential … Continued
Faced with mounting cases of the new variant of the Coronavirus, England has now entered another national lockdown. As key workers, Worldwide Logistics Group’s UK location will remain open, but with tight restrictions. All new safety measures are in place until at least the middle of February. The UK office has been following similar safety precautions … Continued
Containers at Southern California warehouses have been piling up due to high volumes and the nearly doubling of the amount of street dwell time, disrupting the delivery of merchandise in the US market. The container accumulation at the ports is largely due to the import surge since the economic recovery from the COVID-19 lockdowns began … Continued
The carriers on the trans-Pacific eastbound trade lane have announced a $400/container General Rate Increase (GRI) effective June 1, 2020. This increase had originally been planned at $500. Simultaneously, carriers have filed a second increase of $1000/container effective June 14, 2020. It is important to understand that filed increases don’t always get implemented. Carriers are … Continued
Recently Worldwide Logistics Ltd. (WWL) offices in China have reported an uptick in booking volumes. This increase is evident for both US East Coast and US West Coast bound cargos. Willy Fong, WWL’s managing director in Asia, noted, “a number of our traditional customers who had delayed or cancelled orders are now starting to move … Continued
In India, the nationwide lockdown has been extended until May 17th. Districts have been identified as red, orange or green zones based on the status of the Covid-19 outbreak there. The classification will enable the resumption of some economic activities in areas less affected by the virus and ensure that caution is exercised in these … Continued
Recently, U.S. Customs and Border Protection (CBP) has offered postponement of certain duties, taxes, and fees for 90 days for importers who have suffered significant financial hardship as a result of the coronavirus disease (COVID-19) and the government imposed limiting commerce, travel, or group meetings. We have prepared the following information including important links relating … Continued
For the entire second quarter, The 2M Alliance of Maersk Line and Mediterranean Shipping Co. will suspend one weekly service from North Asia to the US West Coast and a weekly string from South Asia to the East Coast, the carriers said Thursday. They’ll also blank additional individual sailings to North America. The reductions in … Continued
