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

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Russian Ice-class LNG Carrier heads out via Northern Sea Route

Russian Ice-class LNG Carrier heads out via Northern Sea Route

NIMO, Belfast Harbour Join Port Innovators Network

NIMO, Belfast Harbour Join Port Innovators Network

MacGregor Inks Hatch Cover Deal

MacGregor Inks Hatch Cover Deal

Subscribe for Maritime Logistics Professional E‑News

Sinograin, a Chinese soybean company, announces its fourth major auction since July.
Oil spillage off Oman is threatening to cause a disaster as two slicks are seen in the Gulf
South Africa is betting on renewable energy, but the power grid in place is not yet ready