Chinese New Year: Impact on logistics
In 2021, Chinese New Year falls on February 12, it is the biggest festival in China where people celebrate the beginning of a new year with their families. The week-long national public holiday has consequences on global supply chains.
The following information provides an overview of some key facts of the festival and its possible impacts on logistics.
Dates and key facts
- February 12, 2021 marks the start of the Chinese New Year (the year of Ox).
- Chinese national holiday begins on February 11 and ends on February 17, meaning that most of the businesses, including DACHSER branches in China, will be closed and resumes on February 18.
- Factories and manufacturing sites used to be closed for a longer period of time. Production might pause already one week before Chinese New Year, some factories will only resume one month after.
- The long holiday allows workers in the city to travel back to their hometown for a family reunion, though it might not be the case this year due to the pandemic.
Impact on supply chain
- Extensive holidays in China can lead to delays to your shipments for up to one month.
- Due to the abovementioned closing period of manufacturing industries, there will be no productions from China for at least a week. Even though factories will be restarting gradually, operations will not resume to full swing immediately.
- Productions from other countries in Asia will also be impacted as some parts might come from China or the assembling processes are done there.
- Most shippers will stock up inventories that are sufficient to cover the Chinese New Year period, this leads to a pre-holiday cargo rush; it will also take some time after the festival to normalise the market conditions.
To avoid unnecessary price hikes and delays, it is strongly recommended to place bookings well in advance. At DACHSER, our logistics experts can help you to plan together. Feel free to discuss with us about your needs and we can work out the best to maintain your supply chain uninterrupted throughout the Chinese New Year.
Brexit deal agreed - customs administration from 01.01.2021
On 24.12.2020, an agreement on future cooperation and trade was reached between the EU and the UK.
An essential point is that between EU and UK for goods deliveries from both areas no customs duties are to be levied. However, this does not mean that the administrative "customs clearance" will be eliminated. This means that all documents and customs relevant information must be submitted by the customer in advance and only after the shipment has been released by the customs team of DACHSER, the shipment can be accepted for dispatch.
Please note that from 01.01.2021 this applies to all shipments between the EU and UK, only shipments from the EU to Northern Ireland are excluded. In particular, proof of preferential origin of goods should be provided. The most important necessary information for exporters and importers can be found in the document below.
The average fuel price according to the RHA survey for December was 91.19 pence per litre.
The £/Euro exchange rate as at 31st December at 1700 hrs was 1.11735 EUR to the Pound.
The new DACHSER magazine is here!
As the year draws to a close, many of us use this time to look back and reflect, but also to prepare ourselves for the new challenges of the future. And that’s exactly what we’ve done in the latest issue of the DACHSER magazine.
For a sustainable society: More and more NGOs are taking action around the world
In the course of globalisation, internationally networked non-governmental organisations or NGOs are playing an increasingly important role. DACHSER’s partnership with children’s aid organisation terre des hommes demonstrates how a company can support an NGO over the long term.
DACHSER to supply Prague via pedelec
DACHSER is launching a pilot project in the Czech Republic to supply the Prague city centre with an electrically supported cargo bike. The newly built micro-hub "Depot.Bike" at the Florenc subway station is being used for this purpose.
Dachser’s response to the UK’s dynamic retail sourcing patterns
The notions of supply chain dynamics have never been so complex as those currently experienced by much of the retail sector. Through a combination of well-established North African services and new network extension in Turkey and Eastern Europe, logistics provider Dachser stands ready to help UK retailers cope.
Outstanding: DACHSER wins the One Eaton Supplier Premier Award 2020
The award for best transport partner was presented during the Eaton Virtual Global SCM Supplier Conference.
DACHSER to offer charters again for peak season
To create additional capacity during the peak season in the Autumn, logistics provider DACHSER is once again offering a premium flight between Asia and Europe. Starting in mid-October, the charter will fly the Frankfurt–Shanghai–Frankfurt route once a week.
To mark the occasion: update of our Brexit checklist
The EU withdrawal of the United Kingdom was completed on 31.01.2020. Currently we are in a transition phase which ends on 31.12.2020. A further extension of this transitional phase should have been agreed until 01.07.2020 and is therefore no longer possible. Thus, the United Kingdom will no longer be part of the internal market and the customs union as of 01.01.2021. If no agreement is reached between the UK and the EU in the remaining time of the transition phase, trade would in future fall under the rules of the World Trade Organisation.
We at DACHSER cannot influence the political situation in the UK, but we can prepare you in the best possible way for regulated customs procedures. We have therefore adapted and updated our Brexit checklist to the current circumstances. You can download it here.
If you have any questions, please get in touch with your responsible contact person at the respective DACHSER branch.
Zebra Technologies Awards DACHSER Logistics Partner of the Year
DACHSER UK, the international distribution and logistics specialist has been awarded the 2019 Logistics Partner of the year for the EMEA region by long-standing customer, Zebra Technologies, the multi-billion dollar global supplier of computer technology and products across many industries.
The new DACHSER magazine is here!
Getting through the crisis together – How DACHSER is forging even closer ties to its customers and partners.
Lockdown Spike in DIY Activity: The Logistics Sector Responds
The UK’s Office of National Statistics (ONS) figures show that in April this year, 30% of retail sales in the UK were conducted online. This figure compares with just 18% in the same month last year and 21% at the Black Friday/Christmas peak in 2019. By the end of April online sales across Europe, within the home and leisure sector, in which Dachser DIY-Logistics covers, were at a level more than double than experienced at the start of last year.
DACHSER starts weekly charter to the US
Since the end of July, DACHSER Air & Sea Logistics has been operating the Frankfurt–Chicago route as part of its extended premium charter program. From now on, DACHSER will carry out the transatlantic rotation every weekend. Customers benefit from fixed transit times and better planning of capacity and prices.
Short update on the general situation in the transport sector
In the second half of the year, the corona pandemic is still the predominant topic in the media. While at the beginning of the pandemic new findings on Covid-19 were being announced almost daily, and many updates were also published by DACHSER on loading restrictions in Europe as well as in America and APAC, something like a "new normality" has now returned.
At the moment, there are no longer any universal country or customer restrictions. We would, therefore, like to ask our customers to clarify individual restrictions such as closures, changed opening hours etc. with the recipients of the goods themselves. We are closely monitoring the further course of the corona pandemic and will keep you informed immediately of any developments. Should new loading restrictions be imposed, these will be published again via our website.
If you have any questions on this subject, please contact your local contact person at the respective DACHSER branch.