Pacific Supply Chain Updates

Bloomberg reports:

…all inbound and outbound container services at the Meishan terminal in China’s Ningbo-Zhoushan port were halted Wednesday until further notice due to what was described as a “system disruption.” The local government said an employee tested positive for coronavirus. […] Even short suspensions in services at major ports like Ningbo can have wider effects on delivery times and transport costs.

The number of anchored container ships waiting to enter the twin ports of Los Angeles and Long Beach stood at 31 as of Tuesday, more than triple the number in late June. 

Meanwhile, the spot rate for a 40-foot container from Shanghai to L.A. stayed near a record high this week, at $10,322,  according to the Drewry World Container Index published Thursday.

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