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

India's Adani Ports Pumps $1.36B in Expansion

India's Adani Ports Pumps $1.36B in Expansion

Jensen Tapped as CEO for Gatehouse Maritime

Jensen Tapped as CEO for Gatehouse Maritime

Oil Slides, Metals Jump as Hormuz Impacts China Imports

Oil Slides, Metals Jump as Hormuz Impacts China Imports

CMA CGM Expands Support for Kenyan Logistics

CMA CGM Expands Support for Kenyan Logistics

Subscribe for Maritime Logistics Professional E‑News

The battle for Hormuz could spark the next Iran conflict: Bousso
Data shows that the newly-accepted Russian tanker has begun operations in a project under US sanctions.
Waymo recalls 3800 robotaxis due to risk of entering flooded road