Ep 7: Searches for suppliers outside China double as coronavirus spreads

What Is Going On Here? Shippers are seeking alternative suppliers outside of China to make up for delays resulting from the continued production standstill in China’s Hubei​ province caused by the COVID-19 outbreak, according to Freightos. “The share of searches for countries other than China has climbed to more than 17% so far this month,…

Ep3: Supply chains plan for coronavirus disruption

What Is Going On Here? Companies that rely on manufacturing from facilities in Wuhan, China, are considering alternative suppliers as facilities in the region face potential production delays. The number of coronavirus cases has exceeded 4,500 and the region has implemented a quarantine​ limiting travel in and out of the industrial hub. “We do have…

Ep 1: Maersk, CMA CGM blank sailings as coronavirus spreads

What Is Going On Here? Maersk and CMA CGM announced blank sailings Friday as the container lines see curtailed demand due to the coronavirus outbreak in China and the extension of the Lunar New Year holiday.  The two carriers said operations at terminals, warehouses, depots and offices in China, with the exception of Wuhan, continue uninterrupted. Not all…