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Arca Intl
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Shippers cancel cargo movements as China imposes new COVID-19 lockdowns

Shippers in China are canceling cargo bookings while forwarders are diverting freight to other ports amid worsening COVID-19 outbreaks across the country that have led to widespread lockdowns in key port cities, including Shenzhen and Shanghai. China reported more than 5,000 new COVID-19 cases over the weekend, the highest number in two years. While carriers and port operators said terminals…

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