ol-usa-china-header-resources

China Power Situation

Dear Friends, 

Power Rationing is now underway in China, with production capabilities down by 40%!
Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions.

The flow of cargo into the origin terminals will quickly eliminate any backlog of freight now sitting waiting for space. 

  • The lack of empty equipment should also be resolved over a shorter period.
  • Destination ports, ramps, terminals should start to clear up as well. 

 

We will keep you updated as we learn  how this will change rates, space and equipment going forward.

If you have any questions, please contact your OL USA Account Manager for more information.

Thank you.

Resources:

  

China-power-shortage-header

China power cuts: What is causing the country's blackouts?

Date Published: September 30th, 2021
China is struggling with a severe shortage of electricity which has left millions of homes and businesses hit by power cuts.
china-power-shortage-header-2

What you need to know about China’s power crunch

Date Published: September 30th, 2021

Intermittent electricity cuts with no prior notice for hours or even days. Dimmed traffic lights that cause chaos. Half-cooked rice in rice cookers. For many residents in northeastern China, the power cuts of the past week have felt like a return to the 1980s, when China had acute power shortages due to the stunning pace of its economic growth.

Read More: https://qz.com/2065891/why-is-china-rationing-electricity/ 

china-power-shortage-header-3

Why China has to ration electricity and how that could affect everyone

Date Published: October 1st, 2021

BEIJING Here is a riddle: China has more than enough power plants to meet electricity demand. So why are local governments having to ration power across the country?

Read More: https://www.npr.org/2021/10/01/1042209223/why-covid-is-affecting-chinas-power-rations

china-power-shortage-header-2

China’s Power Problems Expose a Strategic Weakness

Date Published: October 13th, 2021

China announced on Wednesday a national rush to mine and burn more coal, as the country’s electricity shortage threatens to damage its image as a reliable manufacturing base.

Read More: https://www.nytimes.com/2021/10/13/business/china-electricity-shortage.html

China-power-shortage-header

5 things you need to know about China’s power crisis

China’s state planner has met coal producers and an industry body to discuss measures such as setting price levels and ways to better identify companies engaged in “profiteering”, it said on Thursday, aiming to tame prices during a severe power crunch.

Read More: https://www.scmp.com/economy/china-economy/article/3153998/5-things-you-need-know-about-chinas-power-crisis

china-power-shortage-header-3

China issues major clean energy plan for industries amid push to meet carbon goals

The National Development and Reform Commission (NDRC), China’s top economic planner, along with nine other government departments, on Tuesday issued a national plan for promoting clean production in several energy-intensive sectors, including industrial, agriculture, services, construction and transportation.

Read More: https://www.globaltimes.cn/page/202111/1238545.shtml

Sign up for OL USA's weekly Industry Snapshot

* indicates required

How to Protect Your Business Against Supply Chain Disruptions 

Everyone knows the saying, "a chain is only as strong as its weakest link."  The last two years have been a sledgehammer pounding the global supply chain with a series of blows coming from the pandemic, lockdowns, and now the devastating war in Ukraine.   The chain is...

Advancements in Supply Chain Visibility 

The increased globalization of manufacturing and recent events such as the Covid-19 pandemic have placed a greater emphasis on supply chain management. Now more than ever, being able to deliver goods anywhere and anytime is crucial to satisfy your customers and...

The State of Women in Logistics and Transportation 

Logistics has long been a male-dominated industry, with very few women at any point along the supply chain. The truth is though, women are an incredibly valuable asset in the logistics talent pool, and companies eager to obtain top talent should be tapping into this...

Neon Shortage Poses New Challenges for Consumers and Global Supply Chain in the Wake of the Ukraine-Russia War

There are many tragic effects of the ongoing conflict in Ukraine. With the loss of life and devastating consequences of war being center stage, the disruption of neon production is probably something you don’t think much about. But Ukraine and Russia are major players...

Problems at the Port – A Discussion on Dwell Time

It's been a rough few years for ocean shipping. Delays driven by the pandemic, a shortage of shipping containers, port congestion, staffing shortages, ever-changing regulations, and port strikes have increased dwell times to the point that everyone who works in an...

The Chip Stops Here: How the War in Ukraine Impacts the Semiconductor Market 

  A semiconductor shortage is a nightmare for manufacturers, assemblers, consumers, and just about everyone else today. In powering everything from automobile systems to electronics, we rely on semiconductors in many areas of our daily life. The ongoing conflict...

Supply Chain Disruptions in the Electric Vehicles Industry

Russia’s invasion of Ukraine is wreaking havoc on global supply chains, impacting everything from lithium production to semiconductor manufacturing. Not only will these effects increase inflationary pressure, but they will also hinder development in many areas. One of...

Is There a Way to Wake Up From ERD (Early Return Date) Nightmares?

Early return dates (ERDs) can give anyone the chills. For example, imagine you just successfully finished a grueling negotiation to deliver a large shipment to an overseas buyer. Your company organized a trucking company to transport goods to the port over the next...

Let’s Talk About Fuel Surcharges

Fuel surcharges can add up quickly, regardless of your shipping method. Aimed at offsetting fluctuating oil prices, fuel charges can become a thorn in the side for many ocean exports, freight shipping, supply chain, and logistics organizations. Fuel surcharge origins...

Where Have All the Truckers Gone?

Everything in your home, on the shelves of your stores, and in your warehouse spent at least some time on a truck. For years we were warned that if truckers stopped, we would feel it in ways that we couldn’t imagine. Well, we’re feeling it - we are all feeling it. And...
Cookie Consent with Real Cookie Banner