Lunar New Year lull to make supply chain ‘even worse’ amid factory closures, port delays in China

Source: China – South China Morning PostThe container shipping industry is bracing for further disruptions to global supply chains ahead of the Lunar New Year holiday and Beijing Winter Olympics, which are expected to lead to factory closures for an extended period in China.According to a recent Container xChange survey of forwarders and shippers, more than half of the respondents expected the Lunar New Year holiday – from January 31 to February 6 this year – to make the ocean supply chain “even worse”. And most said the holiday…Read More

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