Re-opened factories are waiting for raw materials to start production, however domestic supply chain disruptions are causing growing delays.
LOGISTICS
Shanghai is preparing to ease its lockdown with some factories starting production under a closed-loop system.
Economists at Nomura now think 45 cities and 373 million people are under some kind of lockdown in China.
The number of ships waiting to enter Shanghai and Ningbo has reduced over the course of last week as carriers are omitting Shanghai calls due to the drop in export cargo volumes, according to Lineranalytica.
- However analysts are warning of potential logjams – in Shanghai and at US and European ports – as exports surge as lockdowns are lifted.
Trucking operations in key coastal cities in China are coming under increasing pressure amid a surge of new Covid-19 cases in places as diverse as Dalian, Tianjin, Shanghai, Ningbo, Xiamen and Dongguan, according to UPS. All are classified as ‘medium- or high-risk areas’.
- No cargo will be accepted at all if drivers have been to medium- or high-risk areas within the last 14 days or the factory is located in medium- or high-risk areas.
Ocean carriers continue to welcome bookings for cargo originating from Southeast Asia due to current constraints and dips in shipment activity ex-China, per Flexport.
For May, carriers have already announced blank sailings on Trans-Pacific Eastbound lane (TPEB) and on lanes sailing to Europe out of China, said UPS.
SUSTAINABILITY
Crystal Denim has launched their game changing carbon calculator, as part of a comprehensive initiative to produce jeans that have zero environmental impact. Read More
PODCAST
How to Turn a Passion into a Highly Profitable Ecommerce Business
We often hear about people who’ve turned a hobby or a passion into a profitable business.
But what does it take to actually achieve this?
And is there a business model or a road map that people who have succeeded in doing this have followed?
In this podcast Cody Bramlett, who founded Science Natural Supplements and built it into a multi-million dollar ecommerce business talks about how to profitably start and scale an ecommerce business.
You’ll learn:
- How to build a successful network of affiliates that can drive your sales.
- The key thing you need to do to convert website traffic into actual sales.
- What he’s learned during his entrepreneurial journey – that might just save you time and money on yours.
MATERIALS
Materials prices leveled off this week on lower demand due to lockdown-related lower production in China.
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