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Stop sailing! Shipping companies will cancel half of their flights from Asia after Spring Festival!
Release time：
2022-12-21
Browsing：441次
Against the backdrop of extremely weak demand forecasts, shipping companies are preparing to cancel about half of their scheduled voyages from Asia to northern Europe and the US after the Chinese New Year on January 22.
High inventories in Europe and the US, coupled with uncertainty about future consumer demand, have led to orders being cancelled or delayed so that Chinese factories may close early ahead of the Spring Festival.
High inventories in Europe and the US, coupled with uncertainty about future consumer demand, have led to orders being cancelled or delayed so that Chinese factories may close early ahead of the Spring Festival.