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Another shipping crisis looms on Covid fears in southern China
CNBC ^ | 6-14-21 | Weizhen Tan

Posted on 06/15/2021 7:09:47 AM PDT by dynachrome

Now, businesses and consumers are bracing for yet another shipping crisis, as a virus outbreak in southern China disrupts port services and delays deliveries, driving up costs again.

The Chinese province of Guangdong has faced a sudden uptick in Covid-19 cases. Authorities have moved to shut down districts and businesses to prevent the virus from spreading rapidly.

That’s causing massive shipping delays in major Chinese ports, and jacking up already-high shipping costs as waiting times at berth “skyrocketed,” according to analysts and those in the shipping industry.

“The disruptions in Shenzhen and Guangzhou are absolutely massive. Alone, they would have an unprecedented supply chain impact,” said Brian Glick, founder and CEO at supply chain integration platform Chain.io, told CNBC.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: beltandroad; ccp; china; delays; shipping
Higher prices and shortages in electronic stuff.
1 posted on 06/15/2021 7:09:47 AM PDT by dynachrome
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To: dynachrome

Suck it CCP-loving Apple.


2 posted on 06/15/2021 7:10:33 AM PDT by No_Mas_Obama
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To: dynachrome

Isn’t this the same Chinese Provence where the Nuclear Reactor is leaking radioactive material ??


3 posted on 06/15/2021 7:11:35 AM PDT by srmanuel (`)
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To: dynachrome

I guess it doesn’t make any sense to manufacture stuff in the USA.


4 posted on 06/15/2021 7:15:17 AM PDT by ConservativeInPA (“When injustice becomes law, resistance becomes duty.” ― Thomas Jefferson)
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To: dynachrome

We need to make stuff here of course.


5 posted on 06/15/2021 7:17:45 AM PDT by Principled (Biden is illegitimate and whatever he says can be ignored. )
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To: dynachrome

For everything.
I’ve been waiting for a shipment from Bali since Nov.


6 posted on 06/15/2021 7:20:13 AM PDT by Zathras
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To: dynachrome

I love when bad things happen to bad nations. Keep it up, CCP.
Hopefully the higher prices for shipping will make them less competitive. And, yes, I will gladly pay more for consumer goods to see their economy hurt.


7 posted on 06/15/2021 7:21:35 AM PDT by chuckee
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To: dynachrome

China is holding US consumers hostage again -
STOP BUYING SH!T FROM CHINA - it’s made like garbage anyway


8 posted on 06/15/2021 7:23:13 AM PDT by PMAS (Vote with your wallets, there are 80 million of us - No Amazon, No Chy-Na made )
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To: dynachrome

The entire world should quarantine China, people, commerce, everything.


9 posted on 06/15/2021 7:45:58 AM PDT by Reno89519 (Buy American, Hire American! End All Worker Visa Programs. Replace Visa Workers w/ American Wo)
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