Made in China products are running into new logistics problems | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
So we had to rebook shifts, we had to delay shifts, because no ships were available, no containers were available. That definitely impacted us, he told CNBC in an interview in June.
For the company, which makes its cars in China and sells them to Europe, Klose said the disruptions delayed some shipments by two, three months just because cars were sitting in a port and not being transported.
Foreign demand for Chinese-made products has remained strong both by companies accounts and official data. The customs agency said in the first half of the year, exports to the European Union rose 35.9% from a year ago to $233 billion, while those to the U.S. climbed 42.6% to $252.86 billion.
So we had to rebook shifts, we had to delay shifts, because no ships were available, no containers were available. That definitely impacted us, he told CNBC in an interview in June.
For the company, which makes its cars in China and sells them to Europe, Klose said the disruptions delayed some shipments by two, three months just because cars were sitting in a port and not being transported.
Foreign demand for Chinese-made products has remained strong both by companies accounts and official data. The customs agency said in the first half of the year, exports to the European Union rose 35.9% from a year ago to $233 billion, while those to the U.S. climbed 42.6% to $252.86 billion.
So we had to rebook shifts, we had to delay shifts, because no ships were available, no containers were available. That definitely impacted us, he told CNBC in an interview in June.
For the company, which makes its cars in China and sells them to Europe, Klose said the disruptions delayed some shipments by two, three months just because cars were sitting in a port and not being transported.
Foreign demand for Chinese-made products has remained strong both by companies accounts and official data. The customs agency said in the first half of the year, exports to the European Union rose 35.9% from a year ago to $233 billion, while those to the U.S. climbed 42.6% to $252.86 billion.
Singapore online retailers go green by merging fashion with sustainability CNBC 3 hrs ago Sumathi Bala
Making sustainability part of their business plan is critical for online retailers as the industry comes under criticism for its heavy use of plastics in packaging.
Countries need to take the lead on issues such as climate change, said Vinod Thomas, visiting professor at the National University of Singapore s Lee Kuan Yew School of Public Policy. Leadership has to be provided so others too will follow, he said.
Going green is a priority for Singapore s online fashion retailers
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There are rising concerns about packaging waste as internet shopping takes off but some online retailers say they won t let sustainability take a backseat.