Coronavirus snarls Trans-Pacific shipping and ripples through U.S. business, write Jesse Newman and Jennifer Smith for the Wall Street Journal.
The coronavirus epidemic is upending the carefully calibrated logistics of global shipping, as plunging exports from China disrupt the trade of American goods, especially farm products such as fruit and meat destined for Asia.
Congestion at Chinese ports and interrupted sailings have squeezed space on China-bound vessels and left an imbalance in shipping containers, especially the refrigerated ones used for farm products; “Everyone is fighting for containers. It’s cutthroat.”
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Source: Wall Street Journal
