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

Subsea Global Solutions Launches New C-ROV Services

Subsea Global Solutions Launches New C-ROV Services

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

Subscribe for Maritime Logistics Professional E‑News

Norwegian Air will buy Nordic Leisure Travel Group at $843 Million
Yandex Bank is the target of UK sanctions against Russia's shadow navy
Is the Iran War just an energy shock or a turning-point? Russell