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

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

Ivory Coast Reports Strong Cocoa Exports Ahead of El Niño Impacts

LR, SHI, Capital Clean Energy Carriers Corp to Design Floating Data Center

LR, SHI, Capital Clean Energy Carriers Corp to Design Floating Data Center

Ship Managers Step Up with Plans for Stability

Ship Managers Step Up with Plans for Stability

Unite, Prepare and Enable Maritime Cyber Readiness

Unite, Prepare and Enable Maritime Cyber Readiness

Subscribe for Maritime Logistics Professional E‑News

There are some flights to the Middle East that have resumed but there is still disruption.
BP has announced that it will transfer the BTC pipeline's operation to Azerbaijan SOCAR.
US to invest $8 billion in Azerbaijan energy, according to US officials