Global Logistics Market Update: 02 January, 2023

Disruption in China caused by COVID-19 and upcoming public holidays will affecting deliveries around the world.

Macro Update:

Now that China’s Covid restrictions have been relaxed, worker shortages and factory closures, due to outbreaks of the virus, are the latest disruptions to hit the country’s supply chains.

As a result, some factories may also be forced to slow production, due to a lack of components from suppliers. And truck drivers falling ill due to the coronavirus may also bring major disruption to supply chains. Furthermore, China’s domestic courier services were delayed with parcels said to be piling up on the streets of Beijing. 

The following public holidays may lead to delays in the processing and delivery of your shipments to the following countries: 

  • 02/01/2023: UK - New Year Bank Holiday
  • 03/01/2023: Scotland (UK), New Zealand - New Year's Day 
  • 06/01/2023: Austria, Italy, Spain & Sweden - Epiphany
  • 09/01/2023: Japan - Coming of Age Day

Service Updates:

Australia & New Zealand

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Direct injection International services at this time: No delays

Aramex: 

Services are affected in Adelaide, Albury, Bendigo, Brisbane, Cairns, Capricorn Coast, Central Coast, Geelong, Melbourne, Port Macquarie, Perth, Sydney and Wollongong. Read more about Aramex disruptions here.

New Zealand Post: 

There are minor delays of 1 working day to some parcels countrywide and 1-2 working days for parcels sent between the Upper North and Lower South Islands.

Asia

Malaysia

Malaysian Post has informed that the country is experiencing heavy rain and widespread flooding. The postal network has been severely impacted with some post offices closing. As a result, items destined for Malaysia may face delays until further notice.

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Direct injection International services at this time: No delays

US & Canada

Fulfillment services: Remain unaffected by delays and same day dispatch is being met as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Shipping services: Operational and as per SLAs.

UK

Royal Mail:

There are no deliveries or collections of mail on Monday 2 January (New Year Bank Holiday). Normal services will resume on Tuesday 3 January, with the exception of Scotland, where there will be no deliveries or collections due to the Public Holiday.

DPD

Delays to DPD services across the UK can be found here.

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

International from the UK: We are seeing slight delays for DDU, not DDP deliveries, where there is an IOSS number. Average delivery times of 5-8 day are now taking 8-11 days. We encourage all customers to have their IOSS number as this helps with improving the clearance process to deliver into the EU.

EU

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Freight Forwarding Update:

Sea freight - Asia to north America

We’ve seen a slight drop in pricing for LCL and FCL, however rates are still elevated. 

Space: We continue to experience space issues with most carriers

Booking: We recommend booking well and truly in advance (5-6 weeks), we cannot guarantee that the space will always be available.

Sea Freight - Asia- Europe

Rates are still at record highs, although they have gone down slightly. 

Space: Continues to be a concern

Booking: We recommend booking well and truly in advance (5-6 weeks).

Sea Freight - Asia - Australia

Pricing is still relatively elevated.

Space: Continues to be a concern

Booking: We recommend booking in advance (4-5 weeks).

Air freight

COVID-19 and Russia’s invasion of Ukraine continues to impact services and limit capacities globally.

Direct injection

B360 has its own Direct Injection network that runs from Sydney to the US, Hong Kong to Europe, Hong Kong to Australia and Hong Kong to the US. These channels are still very reliable, with transit times on average being 4-8 days, we see no changes as per the SLAs at this time.

To learn more about any of our updates or to make carrier changes, please reach out to us today.

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