How will the Chinese New Year affect your business?
The Chinese New Year, also known as the Spring Festival, starts on 12 February 2021 and lasts for 5-15 days, depending on location. During this period all offices, ports, factories, and public services in China will be closed and hundreds of millions of Chinese will travel around the country to celebrate the festival.
As the celebration of the most important national holiday in China approaches, you need to be aware of how this will affect your business.
The increasing freight volumes towards the Chinese New Year usually creates enormous pressure on capacity and shortage of space from China and the Far East.
At the same time, prices are pushed up by airlines and shipping lines, and containers may be selected based on the highest profit to the carrier. This can result in cargo being offloaded and bookings being canceled to make room for better-paid goods. Furthermore, the Chinese customs authorities are likely to conduct holiday procedures, meaning increased processing time, and truck services for pick-up and delivery in China will be affected by the many drivers on holiday.
To ensure delivery on time, we recommend all cargo from China and the Far East to be booked as early as possible. At LEMAN we will of course do our best to minimize both delays and increased rates for you.
Therefore, get your shipments ready to avoid the peak season and contact your local LEMAN specialist to learn more about your possibilities.