The reopening of a crucial terminal at one of China’s biggest ports in late August has provided some welcome good news for the global shipping industry. Even so, U.S. retailers and other major importers are still warning of a difficult Christmas season thanks to the high level of stress in worldwide supply chains.
The Meishan terminal at the Port of Ningbo-Zhoushan in Zhejiang Province — the world’s third busiest container port and a major gateway for Chinese exports of toys, furniture and other goods, had been closed for two weeks after just a single positive Covid-19 case was reported there.
The temporary closure at Ningbo-Zhoushan is the latest example of the damage that even tiny numbers of cases of Covid-19 are continuing to wreak over global trade, creating logjams that businesses are warning could impede the supply of goods to U.S. and other Western markets for months to come.
In a recent letter to President Joe Biden, the National Retail Foundation — a Wa
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