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

Class NK GDA for World First Vessel Tank Tech

Class NK GDA for World First Vessel Tank Tech

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

CO2 Logistics Hub Under Development at Stockholm Norvik Port

CO2 Logistics Hub Under Development at Stockholm Norvik Port

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Subscribe for Maritime Logistics Professional E‑News

Airbus confirms November deliveries dip after industrial glitch
Spain investigates whether the outbreak of swine flu was caused by a lab leak
FT reports that Visa will be moving its European headquarters from London to Canary Wharf.