The Port of Ningbo is in a partial lockdown, putting immense pressure on an ocean transportation system squeezed to the maximum. It’s a replay of the Yantian port slowdown earlier this summer.
The biggest container shipping line in the world says container traffic at the massive Port of Yantian in China is moving much better after COVID restrictions were recently lifted. But exporters have a long way to go before ocean shipments go smoothly again.
“Port partners are taking proactive steps to add more resources and service hours to support this untraditional peak cargo volume season.”
“If you go back a couple of months, nobody would have expected that demand would be as strong today as it is right now,” says CEO Rolf Habben Jansen.
Northwest Seaport Alliance CEO John Wolfe is encouraged by an increase in imports so far this month.
There were no balloons or cake when the Port of Los Angeles announced its record-breaking August volumes.
Top July welcome news amid “devastating effects of the coronavirus on the economy.”
Federal government asked to contribute $3 billion to cover projected losses.
Operational lower level essential to movement of goods and economic recovery.
CEO Jim Newsome optimistic about economic recovery in 2021.
