Meatpacker JBS Flags Export Logistics Issues Amid Coronavirus

March 26, 2020

© Grispb / Adobe Stock
© Grispb / Adobe Stock

Brazil's JBS SA, the world's largest meatpacker, has identified potential logistics issues amid the coronavirus crisis including container shortages and port disruptions, according to executives discussing earnings results on Thursday.

JBS executives said in a call on fourth-quarter earnings results that its export operations had not been hit by any disruptions, such as those that have affected frozen container cargos arriving in China in recent weeks. They said the company is banking on its long-term relationships with shipping providers to keep exports flowing. 

(Reporting by Ana Mano Editing by Chizu Nomiyama)

Logistics News

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

Wilson Sons Launches Tugboat to Join New Series

Wilson Sons Launches Tugboat to Join New Series

Eryn Dinyovszky Named President of Enstructure Mid-Atlantic

Eryn Dinyovszky Named President of Enstructure Mid-Atlantic

ONE Posts $88M Loss - Newbuild Deliveries Pressure Rates; Fleet Continues to Grow

ONE Posts $88M Loss - Newbuild Deliveries Pressure Rates; Fleet Continues to Grow

Subscribe for Maritime Logistics Professional E‑News

Spain's government defends rail investment record after deadly crashes
Families of victims in Spain demand truth about train crash
US faces increasing risks of power outages because of rising winter demand and changing fuel mix