WILL CONGESTION IN CONTAINER TRANSPORTATION CONTINUE AS 2021?
After the first half-year of 2022, manufacturers are still worried about the congestion of container transportation regardless of the impact of covid-19 pandemic seems to be improved on most of the world. Why? The outbreak of the Russian – Ukraine war and Zero-covid strict policy of China Government have made the supply chain in EU and Asia spreading to US and vice versa. The supply and demand become unbalanced and uncertainly forecasted.
There were over 50% of businesses and transportation providers worried about the worse scenario while 26% expected less in a recent survey of Container xChange- a digital logistics company in container leasing, and the rest forecasted unchanged
While the war in Ukraine is not terminated and makes a shortage of fuel for Western countries that use to buy from Russia, as same as foods shortage in supply, especially from raw materials like wheat, and fertilizer from Ukraine making this year more difficult than before to EU. In Asia, some main ports of China were blocked in the last few months making the imbalance in materials and supply more serious.
Vietnam has both import and export products for these two areas so trades, as well as manufacturers, should consider alternatives as same as last two years under covid fighting to get survival and development. Voltrans Logistics is always staying by side to assist customers to overcome difficulties.