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

China Demand Buoys Coal Shipments 14%

China Demand Buoys Coal Shipments 14%

Coast Guard Issues Notice on Unmanned Vessels

Coast Guard Issues Notice on Unmanned Vessels

LCA says Key Commodity Trade Up 4.5%

LCA says Key Commodity Trade Up 4.5%

Alex Gregg-Smith Takes Over As IACS Council Chair

Alex Gregg-Smith Takes Over As IACS Council Chair

Subscribe for Maritime Logistics Professional E‑News

Germany charges Nord Stream suspects with war crimes complicity and sabotage
Amazon takes action against India's delivery partner following fire investigation
US LNG exports to Europe fall as Asia prices rise