Posts Tagged ‘Global Shipping’
China COVID Measures and Ukraine Invasion Keep Brakes on Shipping
Shanghai, China Strict Covid lockdowns in several Chinese cities and the ongoing Russian invasion of Ukraine has shipping experts predicting the international container crisis is unlikely to improve soon. “Global fret ensues as several cities in China go into strict lockdown, including Shanghai and Shenzen,” according to a statement by container logistics service xChange. “This…
Western Congestion Slowing Global Shipping
Hamburg, Germany Port congestion in Europe and the US is continuing to impede the recovery of global shipping supplies, at a time when turnaround times for containers in China have reached an all-time low, according to a report by the world’s leading logistics technology company. As the rush to get exports to buyers escalated last…