Article Image
IPFS News Link • Transportation

Perfect Storm: Congestion Plagues South China And US West Coast Ports

• https://www.zerohedge.com by Tyler Durden

On the other side of the Pacific, in southern China, a surge in COVID-19 has caused some of the biggest port congestion in more than one year. 

So now port congestion is seen on both sides of the Pacific as it's hardly a secret that the recent collapse of trans-pacific supply chains will remain strained through the summer and one reason why prices for goods are soaring (as recently discussed in "It's About To Get Much Worse": Supply Chains Implode As "Price Doesn't Even Matter Anymore" and "Port Of LA Volumes Are "Off The Charts."") 

But now, focusing at South China ports, exploding cases of coronavirus infections in Guangdong province, a top manufacturing and exporting hub, recently triggered local governments to increase prevention and control efforts that "curbed port processing capacity," said Reuters


CrytoHippie