What’s the impact
Due to Coronavirus (COVID-19), China’s government is taking necessary precautionary measures. These include extending the Chinese New Year break for specific provinces.
As a result, we expect an increase in demand for spaces in cargo vessels the weeks after the extension. We recommend to strategize your supply chain accordingly to anticipate any inconveniences.
What can you do to prepare?
While there is no need to panic, there a few simple steps we would advise taking at this stage – to ensure you don’t incur any costly shipments or delays that might impact your business.
Contact your suppliers
The first step is to check if you have any imports/exports from China in the coming weeks – and particularly during and after the extended Chinese New Year week.
Can you afford to delay the shipments?
We know that demand for shipments following the extended break will be very high and this might impact short-term prices. The more you can delay the shipments the cheaper it will be.
If you can’t delay – can you try other transportation?
Delaying shipments is never ideal. If you need shipments immediately, we suggest trying other forms of transportation if possible – like train or air. We have a recommended partner who can help with this – Maersk.
Keep track of the latest information from carriers
The Coronavirus is a developing situation – we advise you keep in the loop of the latest news from your carriers and suppliers, as well as governments and global organisations like the World Health Organization.
Maersk has a detailed update on how, together, we are following the situation and working closely with all of our customers to minimize the negative impact on your supply chains.
Read Maersk’s update on COVID-19 here:
We aim to help facilitate logistics throughout uncertain periods like this. If you have any questions, contact us through our global email – email@example.com – our online chat, or give us a call.
For more information on logistics, read our blog!
If you need guidance with your next shipment, why not book through Twill?