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

IDEA Logistics Transports Yankee Dryer From Sweden to Türkiye

IDEA Logistics Transports Yankee Dryer From Sweden to Türkiye

Baltic Shipping Adds Wind-Assisted Hybrid Coasters

Baltic Shipping Adds Wind-Assisted Hybrid Coasters

ZIM Q2 Profit Jumps as Transpacific Strength, Higher Rates Lift Results

ZIM Q2 Profit Jumps as Transpacific Strength, Higher Rates Lift Results

New GHG Data Framework for RoRo Vessel

New GHG Data Framework for RoRo Vessel

Subscribe for Maritime Logistics Professional E‑News

Vietnam Airlines Boeing 787 returns to Munich following takeoff incident
Twelve dead and at least 10 injured after Polish bus crash in Hungary
Data shows that Turkey has cut its Russian oil imports due to Black Sea export disruptions, which have slowed down supplies.