In the first part of this series we looked at what the “Chinese New Year” is all about & what happens in China during this time while in the second part, we focused on the impact of the Chinese New Year on “Production Timings” & “Product quality” as well as how Chinese factories normally prioritize their orders and clients.
In this part of the series on Chinese New Year, we look at the logistics situation in China during this period & how it impacts the entire supply chain, especially in regard to “delivery times” & “logistics costs”. Being aware of the logistics situation during this time of the year is important for importers not only because of delays to shipments but also because new importers are often surprised at the steep freight rate increases during this period.