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SHIPPING FROM CHINA
ON TIME DELIVERY
SHIPPING FROM CHINA
ON TIME DELIVERY
February 13,2020
Global port tracker by U.S. National Retail Federation and Hackett associates Imports from major U.S. retail container ports are expected to decline more sharply this month than usual as a result of the coronavirus causing Chinese factories to shut down for a longer period of time during the lunar new year, according to report.
Big drop! Prediction of the impact of the epidemic on US port imports
"February has traditionally been a month of import slowdown due to the Lunar New Year and the gap between retailer holidays and summer, but this year is an unusual one," said Jonathan gold, NRF's vice president of supply chain and customs policy.
"Many Chinese factories have been closed for longer than usual, we don't know when they will restart. Because of the trade war, U.S. retailers have begun to transfer some of their supplies to other countries, but if they continue to close down, we may see the impact on the supply chain. "
Ben Hackett, founder of Hackett Associates, said: "with the outbreak and spread of coronavirus in China, the prediction of container throughput next year has become more challenging."
"It's still a question when China's manufacturing industry will return to normal. With the extension of the Spring Festival holiday, everyone is concerned about what further measures China will take to control the epidemic."
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