With Chinese New Year approaching, we urge any of our customers who have goods that need to be shipped before the holiday, to notify us as soon as possible.
Beginning on the first day of the lunar calendar, Chinese New Year (CNY) falls on February 5th, with many factories in China closing up to two weeks prior to this with some not reopening fully until two weeks afterwards.
With a surge in orders prior to this, shipping by both air and sea is in huge demand and availability does become an issue. Carriers are also now operating winter schedules which has already reduced capacity.
In the days prior to Chinese New Year, it is anticipated that there will be significant rate fluctuations to reflect the increased demand for space. Rate levels are then expected to return to usual levels, following Chinese New Year.
Experience & Presence
Horizon International has worked extensively in the Far East since our inception and has been heavily involved since the opening up of the Chinese market in the early 1990s. Our client’s source product from all key trade lanes across the Far East however the greatest volume of inbound product orders now emanate from the Chinese mainland.
The long established and robust relationship we enjoy with our sister company, Sea Air Logistics (SAL) provides access to key centres in China and Hong Kong. These include Shanghai (two offices), Shenzhen, Ningbo, Hong Kong (three offices) and Tianjin. SAL has been providing services for over 18 years and is today recognised as one of the leading independently owned logistics operators in the Far East, offering both international and domestic logistics solutions.
For further information about how Chinese New Year may impact your supply chains, please contact us to schedule a call with our team.