Coronavirus will slow down container transport
In the quarantine of Chinese cities, lasting for 2 weeks is accompanied by an economic slowdown.
Factories and logistics centers are closed, therefore the transport of containers to and from China is difficult Will this affect the European and American economy, in particular, the transport and logistics sector? More and more empty containers are accumulating in Chinese ports such as Shanghai, Guangzhou, Shenzhen, and Tianjin. Articles on forwarding strategies in the current situation in China are appearing on the Internet. The economic slowdown, increase in prices of goods imported from China, stoppage in transport; These types of blog entry titles are just the beginning of the development of the Chinese transport problem.
According to the Italian portal telenord.it/, the decrease in revenues caused by coronavirus for container transport companies could be estimated at USD 300-350 million per week. They revealed this in a study conducted by Sea-Intelligence, according to which so-called empty sailing will be the basis for this, i.e. cancellation of calls at the port.
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