Everything you need to know to keep your supply chain safe
The coronavirus COVID-19 has officially spread to nearly 40 countries worldwide. Wuhan, China, the central location for the outbreak has been under a government restricted lockdown as officials try to stop the spread. Other major cities in China including Chongquing, Guangzhou, Nanjing, Ningbo, Shanghai, Shenzen, and Xiamen are also taking additional precautions. Italy has also seen an alarming upsurge in the number of cases, as local governments have announced quarantines and other restrictions, along with numerous suspensions and cancelations within the region.
As such, the transportation industry has experienced significant disruptions as a result of the virus, with additional repercussions expected. With the recent announcement that ocean carriers have pulled 1.67m TEU of export capacity from China and ongoing flight cancellations by airlines, the ripple effects of COVID-19 are being felt throughout global supply chains as capacity constraints are expected to continue.
Here are the latest updates, at a glance:
Global supply chains will continue to feel the ripple effect of the virus as numerous air carriers have announced flights cancellations.View the latest air updates
While many ports remain open, carriers continue to announce blank sailings, reefer shortages, and forecasted capacity constraints.View the latest ocean updates
Our number one priority is the safety and well-being of BDP employees. As we continue to prevent the spread of the Coronavirus, our offices in affected areas will continue BCP plans.View BDP BCP Plans
There is little doubt that rates will become volatile and capacity will be at a premium for airfreight, while extended factory closures in China have created negative demand for ocean freight and increased blank sailings.
The situation is rapidly evolving, but we have deployed both short and long-term solutions to mitigate possible disruptions.
Contact BDP to support the urgent move of your cargo via:
Rail to Europe (east to west)
Air charter support
Contact your BDP team to support any sourcing changes you may want to make
Contact your BDP team via the form below for more information
Prepare and share volume forecast based on the backlog with your providers asap
Focus on priority cargo knowing the high likelihood of rolled bookings
Avoid CFS consolidation due to the high likelihood of bottlenecks
Use a single-source provider to coordinate customs, drayage, and freight
Expedite cargo at destination
Adjust lead times within your systems given likely delays to production and destination screening
Get in touch
The coronavirus has caused significant disruptions for the transportation industry. Contact us here to discuss short-term and long-term solutions.Contact us