CMA CGM, the fourth largest container shipping line in the world by market share, has said cargo traffic at major Chinese ports is recovering after the congestion caused by coronavirus.
In its latest customer advisory, CMA CGM said business operations have entered the “recovery phase” as truck drivers and port workers return to work and manufacturing activities pick up. In short, business operations have now entered the recovery phase,” the shipping group said. The welcomed news was provided in an update to CMA CGM customers on March 2nd.
The coronavirus outbreak has caused substantial delays at many of China’s biggest ports and subsequent ripples across the global economy. The current outbreak of coronavirus disease (COVID-19) was first reported in Wuhan, China on December 31, 2019.
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Published – Tuesday 10th March, 2020.