Shanghai congestion: it’s crunch time
By SwizStick • Jun 28th, 2007 • Category: China, SeafreightWell, I received two pieces of news regarding the port of Shanghai this morning. First, as expected, the port of Shanghai is experiencing a massive surge in export volumes as exporters rush to get cargo loaded before July 1st, the date that the export tax rebate changes. I am being told that terminal gate traffic is severe and one of the terminals was partially closed yesterday and today because they couldn’t handle the volumes. Empty container pick ups are taking an average of 4-5 hours.
As if that’s not bad enough, the Shanghai Shipping Exchange Center, which handles export customs clearance, is performing systems maintenance this weekend which means any clearances scheduled to take place this weekend won’t be happening. So if you have any cargo leaving Shanghai early next week, you better make sure your supplier in Shanghai gets their export clearance done on Friday.
I wonder if companies will start re-thinking their sourcing from Shanghai if this summer continues to be as rough as it looks like it will be.
Stumble it!
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