Manila Congestion Could Cause Local Supply Chain Reorganization — Panjiva


Manila Congestion Could Cause Local Supply Chain Reorganization

Corp - Ports 661 Mode - Containerized 1005 Mode - Seaborne 1273 Philippines 40 U.S. 3297

Congestion at the Port of Manila has led South Korean manufacturers to consider moving factories to other countries to ensure efficiency operation of their supply chains. The port has expanded steadily with an 8.2% compound annual growth in handling in the three years to Sept. 30. The congestion has yet to take a toll on Trans-Pacific shipping – U.S. imports surged 29.1% higher year over year in 4Q – though could rapidly become a problem. The food industry, which represented 29.2% of U.S. inbound traffic in 2018, may be particularly exposed given perishability. Major U.S. imp...

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