Shipping delays and congestion worsen at South China ports
Covid-19 outbrakes in Shenzhen and Guangzhou are causing serious shipping delays that could last until the end of June and lead to further rise in ocean freight rates.
Yantian port, the key export facility in Guangdong province, is still partially shut down due to efforts by the local authorities to disinfect and enforce quarantine measures. As a result, its current productivity is about 30% of normal levels.
The ongoing situation at Yantian port has not only aggravated the container shortage but also caused congestion at other ports.
Truck operations are also limited, as drivers are required to book their arrival at the ports in advance and present a negative COVID-19 test from within a 72-hour window. As a result, road freight tariffs have increased several times over.
More Amazon news
What is Amazon FBA New Selection program?
A no-risk program for new sellers on Amazon Amazon is now offering free storage, free removals, and free return processing for a limited time for new-to-FBA ASINs. On top of that, if you’ve never sold a product using Amazon’s fulfillment services, you can qualify for...
Chinese government is going after Alibaba
China hits Alibaba with record $2.8 billion fine China slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. after an anti-monopoly probe found it abused its market dominance. The Chinese government launched an investigation into Alibaba in December to...
What is fuelling the rise of Chinese sellers on Amazon?
75% of new sellers on Amazon are from China China-based sellers represent 75% of new sellers on Amazon in 2021, according to a report by Marketplace Pulse. This marks a significant increase from 47% in the previous year. While this hasn’t yet impacted the GMV (gross...