Chinese New Year – Market update II

The Ningbo Beilun lockdown has been lifted during the week. The transportation situation is recovering quickly. This will relieve some of the pressure on the surrounding ports, like Shanghai.

Chinese New Year – Market update week 5

It is now getting to a critical point for shipping where CNY break is right are the corner, getting trucking arrangement done in the first week of February become exhausting. More and more trucking companies stopped accepting new trucking jobs from this week, drivers and a great number of the workers are heading to their hometowns as from 28 December 2020, to start 2021’s Chunyun (春运).

Chinese New Year – Market update week 4

Currently, SJW (Shijiazhuang) airport is temporarily closed for operation due to COVID-19. Hebei province and Beijing city are on top of the watch list due to the outbreak situation, vehicles from Hebei province will be suggested to reroute, to avoid getting into or bypassing Beijing area.

Chinese New Year – Current market situation and expectations

A recent wave of Covid-19 infections across China has led to a tightening of anti-epidemic measures, especially in Hebei Province where a spike in infections led to the lock down of the capital Shijiazhuang, which is only 300 kms away from the national capital city Beijing.