Panjiva Basics: Counting the cost of COVID-19 for corporate supply chains February 26, 2020 The spread of COVID-19 coronavirus is primarily a human tragedy, but has also already caused significant disruptions to corporate activity. This report brings together over 20 reports in seven topic areas to provide an overview of Panjiva’s thinking on the topic so far. We initially identified... Read more →
Panjiva Daily: Expeditors, K+N squeezed by competitors, COVID-19; JCB has a hole February 19, 2020 The freight forwarding industry is facing a range of pressures from weak underlying trade volumes to COVID-19 and competition from Flexport and Amazon. JCB is having to reduce production in response to lost parts imports from China. Also: Delong, Gavilon face export squeeze as COVID-19 cuts co... Read more →
COVID-19 set to leave hole in JCB’s U.K., U.S. supply chains February 18, 2020 Construction equipment maker JCB is cutting production in the U.K. because over a quarter of its Chinese suppliers remain closed due to COVID-19 related restrictions. COO Mark Turner has indicated operations “will be disrupted in the coming weeks”. While China only represented 3.8% of total Br... Read more →
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