Coronavirus Snarls Trans-Pacific Shipping and Ripples Through U.S. Business

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Coronavirus turmoil has found its way to the docks. U.S. produce sits waiting to be shipped—but there aren't enough ships or containers. 'It's cutthroat.'

The coronavirus epidemic is upending the carefully calibrated logistics of global shipping, as plunging exports from China disrupt the trade of American goods, especially farm products such as fruit and meat destined for Asia.

Congestion at Chinese ports and interrupted sailings have squeezed space on China-bound vessels and created an imbalance of the 40-foot long refrigerated containers used to ship fruit, meats and other perishables on three-week voyages across the Pacific, with many stuck on the China side.

 

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How is the tech industry? Sure hope it's not the real problem with the stock market

williamlegate Yoo hoo. It may not have shown up in indicators yet, but this is GDP on the hoof. Growth will be retarded, possibly negative, because of this, and it will only get worse as the shut down continues.

It’s just produce being held up right? I’m still going to get my AmazonDeals no? coronavirus CoronaAlert COVID19

It's pathetic to see so many be so afraid of getting sick.

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 /  🏆 98. in JP

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