Global container logistics update

China’s major ports—Shanghai, Ningbo, and Kaohsiung—are grappling with significant congestion in the aftermath of Typhoon Kong-Rey, which struck Taiwan on October 29. Congestion at North Asian ports surged at the beginning of November, with vessel queues increasing significantly in the Taiwan Straits and Shanghai/Ningbo due to the adverse weather conditions. Although the backlog may be resolved in the coming days, […]