TJX, Goodyear Tire may face Vietnam challenge as port closure looms — Panjiva
Más

Supply Chain Research

TJX, Goodyear Tire may face Vietnam challenge as port closure looms

Cons. Discr. - Autos 1186 Cons. Discr. - Durables 519 Coronavirus 511 Corp - Ports 884 Mode - Containerized 1475 Mode - Seaborne 1806 U.S. 5325 Vietnam 377

The Saigon Newport Corporation may need to close a terminal near Ho Chi Minh City due to staff shortages linked to the pandemic, declaring that the “COVID-19 pandemic is a force majeure event”. The company runs facilities in Haiphong and Ho Chi Minh City which together accounted for 14.3% of U.S. seaborne imports from Vietnam in the 12 months to June 30 after growth of 42.5% year over year in Q2’21. Shipments to the U.S. from port facilities in Ho Chi Minh City specifically were led by furniture, including shipments for TJX Companies. Furniture represented 42.4% of traffic in the 12 mont...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.