The China's Council for the Promotion of International Trade have issued 1,615 force majeure slips to help companies avoid penalties for not being able to meet contractual obligations amid the COVID-19 outbreak.
As business activity stutters to life after prolonged citywide and factory shutdowns, the supply chain shift that started during the"At the end of the day, the retailers and the consignees at the destination, they still want their products and they are still planning on that with their inventories," said Jeremy Nixon, CEO of Ocean Network Express, a container shipping company.
Ships carrying refrigerated cargo containers of chicken from the U.S. to China are being diverted to ports in Hong Kong, South Korea, Taiwan and Vietnam as ports are running out of space for refrigerated containers that need to be plugged into electrical sources,
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