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- Ocean carriers and terminals remain operational (except for Wuhan). The ocean carriers are advising that their teams are managing operations from home via email and phone and expect to be fully operational on February 10.<\/li>\n
- Several carriers have announced that free time for containers at their China terminals will be extended until February 9.<\/li>\n
- Backlog and delays are expected to increase with trucking companies advising that it will depend on how soon their workers are able to return to work.<\/li>\n
- Ocean carriers are announcing additional void sailings across all trades and services. As mentioned in our last update, the extended shutdown impacts both ocean and air cargo rates.\u00a0 It is typical to see a post Chinese New Year cargo rush due to rollover cargo that missed shipping prior to the holiday in addition to the new shipments trying to ship out.\u00a0 With the current holiday extended to February 10, this will create an even larger backlog which will push rates up, and delays should be expected.<\/li>\n
- For the USA export market, we expect to see container\/equipment shortages at key export container yards due to a lack of inbound containers\/equipment which will impact export supply chains.<\/li>\n<\/ul>\n
Air Updates:<\/strong><\/p>\n
Dozens of countries have restricted travel to\/from China.<\/p>\n
![\"\"](\"https:\/\/www.miq.com\/wp-content\/uploads\/2020\/02\/Coronavirus-Update-3-Flight-detail-chart.png\")
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