Shipping Firms Limit South China Cargo Ahead of Lunar New Year
Several shipping companies have announced suspensions or restrictions on cargo acceptance in South China before and after the Chinese New Year, mainly due to COVID-19 control measures, the holiday period, and port congestion risks. This action will lead to cargo delays, increased freight rates, and supply chain disruptions. Businesses should plan ahead, explore alternative solutions, strengthen communication, and flexibly adjust inventory to meet these challenges. Proactive measures are crucial to mitigate the impact of these restrictions during this peak season.
