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
Instagram vs TikTok: who’s ruling the e-commerce experience?
Instagram vs TikTok: social media e-Commerce marketing Instagram’s Reels feature is one of the fastest products Facebook has ever monetized, and it could be an important factor in fending off TikTok Instagram has become the network of choice for brands to market...
Amazon’s share of the US e-commerce market is expected to surpass 50%
There will be an influx of new sellers on Amazon Amazon will continue to dominate the e-commerce space. After the pandemic struck, the company’s revenue jumped 40% compared to the previous year, reaching $88.9 billion. The COVID-19 pandemic has affected every person...
Amazon paves way for third-party delivery
Amazon will probably have its own airline soon Amazon’s aircraft fleet is going to double in size in the coming months, potentially expanding into an airline and hauling third-party shipments. Amazon’s air cargo fleet is a critical part of the company’s strategy to...