On October 14 local time, a nationwide strike in Belgium caused a shake-up in the European logistics system. The three major ports including Antwerp and Brussels Airport were completely shut down, casting a shadow over the cross-border textile trade that was preparing for Black Friday.
As a core hub of the European supply chain, the strike in Belgium this time has completely blocked the textile freight channels. All outbound flights at Brussels Airport have been cancelled, causing a disruption in air transport for time-sensitive orders such as fast fashion restocking and custom fabrics. More than 60 ships are stranded at the Port of Antwerp. The loading and unloading of raw materials such as chemical fibers and cotton yarn, as well as ready-made garments, have come to a standstill. As of the 16th, 129 ships are waiting to enter or leave the port. What is more serious is that the disruption of truck transportation and railway freight trains has led to raw materials being unable to enter the factory and finished products being difficult to leave the port, creating a situation where both ends are blocked.
It is the critical period for stocking up for Christmas, and textile enterprises have suffered particularly heavy losses. The inventory of home textiles, festival clothing and other items needs to be in place by November. Delayed goods may miss the sales peak in December. Meanwhile, the port detention fee has risen to 150 US dollars per day, and the additional daily cost of bulk textiles is several hundred dollars. The cash flow of small and medium-sized sellers is under severe pressure.
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