The port of Yantian, Shenzhen, China reportedly halted acceptance for incoming export containers for several days “due to increasingly serious delays in vessel schedules”. That was the result of both a shortage of manpower and the knock-on effect of offloading delays at overseas ports. U.S. seaborne imports from the port of Yantian, for example, declined by just 4.2% in the first 20 days of May compared to their January peak. That in part reflected elevated traffic heading into northwest U.S. ports including Oakland, Seattle and Tacoma. On a year over year basis shipments to those ports ...
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