Ship Arrivals to Shenzhen’s Yantian Port Delayed by a Week
(Bloomberg) — Containers are stacking up at the already backed-up Shenzhen port in China as congestion in the U.S. and Europe ripples back to Asia, delaying ships picking up goods from the manufacturing and technology hub.
Manufacturers in southern China are making a last push to ship out goods before the Lunar New Year holiday starting next week. The People’s Daily reported that volumes trucked into Shenzhen’s Yantian terminal Jan. 13 were about 30% above December levels. Those goods are piling up as ships coming to pick them up have in turn been delayed by congestion in the U.S. and Europe.
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