A high demand for spaces and equipment currently complicates the logistics dynamics with the Asian giant. That is presenting a series of adjustments produced by the same market conditions and culture; Therefore, throughout Latin America it is necessary to take certain precautions into account. At this time we are witnessing a significant shortage of equipment and space on ships; this as a result of the mixture of several important factors. Among them, the recent events of the Pandemic stand out, the priority in terms of trade that China is giving to the US and the upcoming Christmas festivities that, like every year, must be planned from the month of September. Because we want you to have enough time to plan your next move, we present some…
Events that could affect imports or exports:
– A high demand for spaces and equipment with greater shortages are 40-foot HC containers.
– Trade between China and the US has strengthened, resulting in an increase of up to 4,000 USD/Container. Reason why preference is being given to the US and therefore accentuating the shortage of equipment for Latin America.
– Since August 15, 2020, reservations have increased with figures higher than the same period last year, which has triggered the increase in freight. With this scenario, reservations must be sent at least 2 weeks before the ship's arrival and cargo release is made at the cargo performance of the last 3 months.
– September is traditionally a high season for Christmas cargo, but the Chinese holiday from October 1 to 7 causes delays due to the cessation of activities in China for the holiday.
– Purchase orders in Latin America have grown during the month of August, as the Pandemic has motivated us to be prepared because its duration is still uncertain.
– The crews of 3 vessels in Ningbo tested positive for covid-19, which has caused them to suspend their operation. Making this port in China the one with the greatest shortage of equipment and space, which is why we recommend that the origin be the port of Shanghai.
We will be happy to report the news in this regard, so that you and your company can develop a strategy around the different situations. We recommend you make your reservations in advance so that the loading operation is successful. You can come and any expert in APR Cargo Group will gladly advise you on any requirement.