U.S. Goods Risk Being Late as China's Lockdowns Worsen Shipping Port Jams
- Ship queues grow in China just as U.S. clears backlog at ports
- Congestion could delay goods heading to the U.S. this summer
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Congestion in the key Chinese ports of Shenzhen and Hong Kong due to Covid-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.
There were approximately 174 vessels anchored or loading off the South China hubs, the largest number since Oct. 21, when the region dealt with the aftermath of Typhoon Kompasu. A queue of ships is also growing at Shanghai.