After years of Made in China, supply chains consider alternatives

The change in tone from U.S.-based supply chains is not a mass exodus from China. Instead, it s an approach that embraces diversification. The risks of single sourcing from China had been brewing for years, but they bubbled up even more during the COVID-19 pandemic. In early 2020, manufacturing and supplier operations ...

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Vendors ramp up production as freight rates slide

Christmas product sellers across China are ramping up production to make a final sprint before the Christmas season, as shipping freight rates have fallen by more than 20 percent in two weeks, Chinese vendors and logistics companies told the Global Times on Sunday....

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Where Are All the Shipping and Port Delays Globally?

Bloomberg’s Port Congestion Tracker shows a typhoon in Asia spawned another wild week for shipping in a year with multiple challenges -- a vessel wedged in the Suez Canal, a dozen major storms, rolling Covid lockdowns disrupting key manufacturring hubs in China and Vietnam, a shortage of truckers and dockworkers, and ...

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Hundreds of container ships stuck as global bottlenecks grow

Ports remain the most visible sign of the crisis. We report today on the waiting game at operations from Los Angeles to Shanghai, with nearly 600 container ships around the world stuck while they wait to be processed thanks to increased demand for consumer products, pandemic-related disruption to schedules and a ...

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Shipping disruptions to keep coffee prices high for longer, say experts

NEW YORK (Reuters) – Disruptions to transportation of coffee around the world, caused by container shortages and port congestion, will likely keep coffee prices high for a longer time since they make it more difficult for the market to rebalance supplies geographically....

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Vietnam will slow global supply chains despite lockdown lifting

After nearly three months of lockdown Vietnam’s cities and villages, offices and factories are slowly coming back to life after social distancing restrictions were loosened at the start of October....

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Lockdown in Vietnam and power problems in China cause delivery delays

The ongoing lockdown in Vietnam is currently delaying goods from ports of the Southeast Asian nation by an average of 25 days, while an interrupted power supply in Chinese factories is also affecting imports of products from the Far East. This will negatively impact the upcoming holiday season, as many importers have ...

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Shipping industry in crisis mode as cargo ships float off the shores

A historic backlog of cargo ships in Southern California has devised the supply chain and shipping business in crisis, Mario Cordero, executive director of the Port of Long Beach, warned this week....

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Export turnover of key agricultural products increased $ 627 million

With export turnover estimated at $ 79.3 billion, up 17.4% over the same period in 2016, according to the Ministry of Industry and Trade, many commodities benefitting in price have created momentum for increasing the export turnover of both water after 5 ...

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Transportation of domestic machinery prestige in Ho Chi Minh City

In the current industrial era, the use of machines and electronic devices has become so widespread that the need for a local machine tool carrier is inevitable....

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