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Transcripts for CNN CNN Newsroom Live 20240604 08:24:00

Logistics platform project 44, on april 18, some ships had been diverted away due to truck shortages. but the containers are piling up at the port waiting on average for 12 days before they are picked up and delivered compared to just over four days in late march. shanghai is also a major aviation hub, but the outbreak has forced the suspension of many flights causing air freight rates to sky rocket. all of this is putting even more pressure on global supply chains. this is having a supply shock, a lot of these shipments now can t leave the ports, can t leave the airports in shanghai. and these are goods which are ultimately going to europe and the u.s. it is going to push prices up, we re going to see more inflationary pressure. reporter: the zero covid strategy has also forced many factories in shanghai to suspend operations. the apple supplier pegatron has suspended production.

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Transcripts for CNN CNN Newsroom Live 20240604 05:43:00

Can t leave the ports, can t leave the airports in shanghai, and these are goods which are ultimately going to europe and the u.s. it s going to push prices up. we re going to see more inflationary pressure. reporter: the zero-covid strategy has also forced many factories in shanghai to suspend operations. the apple supplier pegatron has suspended production at its shanghai plant and volkswagen and tesla s factories have been shut for weeks. production as resumed at tesla with elon musk saying this, tesla shanghai is coming back with a vengeance. but the company warned it too is not immune from supply chain problems. authorities in shanghai are trying to get essential production plants open under what they call a closed-loop system. that means that their staff actually sleep on the premises, on the factory floors, eat there, don t leave them, don t go home. but the problem is there s a lot

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