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

Two Chinese VLCCs Exit Strait of Hormuz

Two Chinese VLCCs Exit Strait of Hormuz

South African Veterinary Association Stands Against Live Export

South African Veterinary Association Stands Against Live Export

Indiana Breaks Ground on New Grain Facility

Indiana Breaks Ground on New Grain Facility

US Charges Executives and Firms Over Container Cartel

US Charges Executives and Firms Over Container Cartel

Subscribe for Maritime Logistics Professional E‑News

Minister says cost of UK's rail HS2 project could soar to $138 Billion
NERC claims that strong resource additions will boost US summer grid preparedness, but risks remain
Department of Energy: US PJM Grid can reduce data center power consumption in emergency situations