The Chinese export and logistics market is moving even deeper into limbo, as the country heads for a three-day ‘labour’ holiday on Sunday, reports The Loadstar.
Three-phase release plan
In Shanghai, Thomas Gronen, head of Greater China at Fibs Logistics, said the lockdown impact on cargo had not improved, despite official talk of restarting manufacturing and a tiered reopening of the city.
He told The Loadstar: “Some parts of Shanghai have opened up, but these appear to be on/off openings, with rules changing at very short notice. The vast majority of Shanghai is still locked down.”
“The three-phase release plan is subject to local interpretation, with neighbourhood authorities taking a more cautious approach than the free movement option.”