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What the Coronavirus Pandemic Means for Global Supply Chains

Shipchain

It all began in late December 2019 when the World Health Organization was informed of several cases of severe pneumonia in Wuhan, China. What was once thought to only be an issue in China is now a global pandemic, with thousands infected and a huge majority of businesses forced to close down their offices or suspend operations indefinitely.

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Viral Disruption in the Supply Chain: COVID-19 vs SARS

Logistics Bureau

With the Coronavirus disease, COVID-19 , daily infecting more and more people in China and many other parts of the world, economists and analysts are scrambling to predict its longer-term impact on global business in general and on supply chains in particular. 2) China’s GDP represented 4.31 percent of global GDP in 2003.

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Supply chain in control with coronavirus

Supply Chain Movement

Slowly but surely, everyone is realizing that supplies from China are stagnating as a result of the coronavirus outbreak. The impending coronavirus pandemic is not only affecting factories across the board in China. During the outbreak of the SARS epidemic in 2003, I was an expat in Taiwan. Control tower.

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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . When comparing this outbreak with the outbreak of SARS in 2003 it is striking to see how quickly Coronavirus has eclipsed SARS in the number of infections.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

As public health epidemiologists warn that the coronavirus epidemic is far worse than earlier envisaged and that other countries should consider tough containment measures similar to those imposed in China, the likely human cost of the outbreak is enormous. In the auto industry, China is the world’s major supplier of parts.

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The COVID-19 Supply Chain Hit Could Trigger Recession in Australia

Logistics Bureau

After two months of almost complete shutdown as part of the Chinese authorities’ efforts to contain the Coronavirus epidemic, factories across China are gradually reopening, trucks are crawling back onto the road, and some ports are again operating at near-full capacity. Bilateral trade between China and Australia amounts to $194.6

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Two Important Questions About the Future of Freight Moves

Talking Logistics

Adjusted for inflation, federal purchases have fallen by about 19 percent since 2003, while purchases by states and localities have fallen by about 5 percent. House of Representatives set up the bipartisan Cargo Airship Caucus, with the goal of accelerating development.

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