Satellite Images Show Backlog of Containers Awaiting Export at Port of Yantian After COVID-19 Outbreak

Satellite Images Show Backlog of Containers Awaiting Export at Port of Yantian After COVID-19 Outbreak

The backlog of containers stacking up at the Port of Yantian, the world’s fourth-largest container port, can be seen from space as a Covid-19 outbreak in the south China city of Shenzen, where the port is located, has delayed operations.

Approximately 160,000 40-foot containers, the equivalent of 300,000 TEUs, or 20-foot equivalent units, are waiting to be exported, according to logistics companies with operating knowledge of the port.

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Record Level Shipping Costs Intensify Supply Chain Stakes [Report]

Transportation costs to ship containers from Asia to North America and Europe have been rising at a historic pace as the supply chain industry experiences persistent congestion at major gateways. Download the recent Everstream report to find out how a long-term rising shipping cost crisis will likely hit cargo shippers ranging from food and beverage companies to retailers and automakers.