Here’s the future. China, which uses coal to generate 73% of its power, is experiencing a coal shortage. Blackouts, as we would call them, are in order, and many businesses are affected. Here’s how it is affecting global shipping.
The unprecedented effect of China’s Coronavirus actions on supply chains continues to astound us. Sam Whelan’s article points out that quarantines on drivers moving between cities and/or ports have caused driver shortages. Cold chain goods can’t be moved and lie rotting in the box. How can food and perishables shippers function in such an environment?
Firms are also charging extra fees for handling and storage. A lot of the trouble is with goods coming to China from neighbors such as India. there are some issues with US exports to China as well.