We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
Home » Manufacturing slows in Asia as Chinese New Year begins Friday
newsworthy

Manufacturing slows in Asia as Chinese New Year begins Friday

January 20, 2020
DC Velocity Staff
No Comments

Just a month after weathering the peak shipping rush over winter holidays in Europe and North America, global supply chains are bracing for another wave of turmoil as several Asian countries prepare to celebrate the Lunar New Year.

On the Chinese calendar, the result will be flipping a page from the Year of the Pig to the Year of the Rat, and will impact logistics facilities throughout China, Vietnam, and Korea. Also known as Chinese New Year (CNY), the event is typically honored by employees traveling to spend time with family at home, triggering a mass migration that effectively shuts down many factories and warehouses throughout the region.

To avoid disruptions to their supply chains, many companies have long been planning how their continuity of trade will remain seamless during this period, according to global logistics provider Dachser USA Air & Sea Logistics.

"The CNY holiday not only marks the beginning of a new year. This period also represents a complete shutdown of China's manufacturing infrastructure, when virtually all businesses and factories in China close from one to four weeks," Dachser said. "All suppliers will wind down operations one to two weeks in advance of the holiday. In total, the holiday impacts about two months of production."

To cope with those stoppages, experienced business plan ahead in four basic ways, Dachser said:

  • Build up adequate inventory, and find out if your Chinese source has inventory in non-Asian locations, so you can use other supply chains,
  • Inform your forwarder about your priority shipments, in case there is limited space,
  • Book shipments well in advance of CNY, and
  • Reserve space on passenger flights for shipments that cannot be delayed.

"With the upcoming Chinese New Year period, it is a time of many challenges for importers and exports," Guido Gries, managing director for Dachser Americas, said in a release. "Proactive planning and preparation are key to effectively navigating and managing supply chain issues that could occur during this time; ensuring that freight is handled consistently and without interruption."

Outside of logistics professionals, consumers may not be aware of the vast implications of Chinese New Year, but they will still see some trace of the holiday in U.S. culture, such as the U.S. Postal Service's Jan. 11 introduction of a new postage stamp design. USPS commemorated the event by issuing the stamp, which features a rat mask, drawn in the style of the finely decorated costumes often worn by people performing the dragon dance during new year's parades.

According to USPS, Asian communities around the world ring in a new year with a fresh start and wishes for good luck and prosperity through traditions such as shopping for food, hanging decorations, and ceremoniously cleaning their homes and streets. The rat is the first of the 12 zodiac animal signs associated with the Chinese lunar calendar, and for those born under its sign, is said to grant qualities such as being very clever, self-aware and highly social, the postal service said.

Global Logistics Business Management & Finance
KEYWORDS Dachser USPS
  • Related Articles

    UNEX Manufacturing Chosen as Finalist in New Jersey Manufacturing Award

    Strategic Partnerships and Advanced Planning Key to Addressing Chinese New Year Logistical Challenges

    RETAINING SUPPLY CHAIN FLUIDITY AMID CHINESE NEW YEAR SHUTDOWNS

Recent Articles by DC Velocity Staff

APM Terminals to add capacity at Port of Mobile

Airfreight operators host “open house” for college students

Convenience stores hop on “curbside pickup” bandwagon

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Now's the time to be a logistics professional

  • Autonomous trucking firms launch partnerships with freight transportation providers

  • Demand for piece-picking robots gains steam

  • Report: Delivery expectations intensify

  • Empty shipping containers stack up at U.S. port depots

Now Playing on DCV-TV

5480fb3e eabb 4d19 8c47 2e6c8724563d

“With Freight Rates More Stable, Why Do My Freight Costs Keep Going Up?”

DCV-TV 4: Viewer Contributed
Lately people have been asking me a pressing question: “Mike, if there’s a freight recession headed our way, shouldn’t we be seeing freight rates and our freight costs going down?”Ideally the answer to that question would just simply be “yes.” However, these are not simple times. Which is why the answer to this...

FEATURED WHITE PAPERS

  • Guide to Proven Warehouse Solutions

  • Five common misconceptions about running a private fleet

  • Optimize AS/RS With Advanced Warehouse Execution Software

  • The Value of Genuine Parts and Service

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing