CMA CGM Group has signed an agreement with the Saudi Ports Authority (SPA) to launch a 130,000 sqm specialised container depot and warehousing facility at Saudi Arabia's biggest port, Jeddah Islamic Port (JIP).
Expect a severe impact on trucking, closed warehouses and depots Maersk warns customers as Shanghai locks down in two phases over nine days.
A two-stage lockdown of Shanghai has started that will prompt further fears of supply chain disruption as China continues its zero Covid policy.