Shanghai Recovery Not As Bad As Feared

June 22, 2022

Shanghai Recovery Not As Bad As Feared

 

Fears that the end of Shanghai’s lockdowns would result in chaos and severe capacity issues have not yet materialised.

After over six weeks of lockdown, which ended on 1st June and resulted in container backlogs at the port, the regions return to work has not resulted in the widely expected ‘carnage’ that was predicted by many experts.

Mass quarantine measures are still imposed occasionally, as they were this past weekend. This included highway closures and affected trucks carrying exports bound for the citys port.

Although in general, production and manufacturing have resumed in Shanghai, but finding truckers in and out of the Shanghai area still presents the biggest challenge. While capacity has not quite recovered to pre-lockdown volumes, the overall output has improved considerably.

It remains to be seen how Shanghai’s recovery impacts the peak season, but the signs so far are quite positive.

Naturally, the trade teams at Atlantic Pacific will continue monitoring the situation closely and will update any major developments. In the meantime, should you require further information, then please feel free to contact us.

 

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