We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » FourKites Sees Recovery at Chinese Ports as COVID-19 Lockdowns Ease
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

FourKites Sees Recovery at Chinese Ports as COVID-19 Lockdowns Ease

FourKites Sees Recovery at Chinese Ports as COVID-19 Lockdowns Ease
July 20, 2022
No Comments

Leading real-time supply chain visibility platform FourKites today published its latest data on Chinese ports showing an improvement in shipping volumes.

As the largest supply chain visibility platform, FourKites collects and anonymizes data to reveal important trends in transportation globally. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, these numbers give an accurate view of real-time conditions, allowing for better planning and decision-making.

FourKites has seen a recovery in import and export ocean shipment volume at Chinese ports over the past weeks as COVID-19 lockdowns have eased.

“Volume at the Port of Shanghai has increased since mid-May, with the 14-day average ocean shipment volume now down only 2% compared to 12 March (the day before lockdowns went into effect) for shipments tracked by FourKites,” says Philippe Salles, VP Strategic Solutions (Ocean). “This is up from mid-May, when shipment volume was down as much as 25% over the same period.”

For other Chinese ports, shipment volumes have remained strong, with volume at the Port of Shenzhen up 25% and volume at the Port of Ningbo-Zhoushan up 35% compared to 12 March.

FourKites has continued to see strong recovery in volume traveling from China to the United States. The 14-day average shipment volume for loads traveling from China to the United States is now down only 3% compared to levels seen on 12 March.

“Volume along this lane had previously reached a low of 43% lower in mid to late April,” says Salles. “Delays remain elevated, however, with the 14-day average percentage of shipments delayed along this lane at 37% compared to the high of 39% seen in mid to late April.”

“While the situation is easing up, we are nowhere near the shipping volumes and transit times we saw before COVID,” continues Salles. “Going forward, supply chains will likely get more complex. One area to watch is ocean shipment transit times. I expect new emissions regulations to come from the International Maritime Organization (IMO) in 2023, which will likely result in a reduction of ship speeds. As such, we will see more delays and uncertainty in global supply chains.”

Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.

https://www.fourkites.com/
Submit your logistics, material handling, or supply chain related company news in Supply Chain Quarterly's's Industry Press Room section or New Products section
Logistics Ocean Technology
KEYWORDS FourKites
  • Related Articles

    Covid shutdowns at Chinese ports squeeze container rates

    AIMMS Launches Supply Chain Response Hub for Companies to Evaluate COVID-19 Recovery Scenarios

    LLamasoft Announces Offerings to Accelerate Recovery from COVID-19 Supply Chain Disruption

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Supply chain disruptions up 46% year-over-year

  • “State of Logistics Report” shows out-of-sync supply chains battling sharply rising costs

  • Survey: 70% of U.S. businesses eye reshoring and nearshoring plans

  • Study: Supply chain crisis to continue through 2023

  • Report: Chaotic peak shipping season ahead

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

  • Case Study: Peak Teams helps boost headcount quickly on a short-term project

  • Breaking Bad: Conducting Full Truckload RFPs in the Age of Digital Freight Procurement

  • Omnitracs One – Last Mile Solutions

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing