Resumption of Suez transits in doubt after return of Red Sea hostilities
Hope for a resumption of Suez Canal transits by container lines were dented over the ...
Photo: ILA
With each week that passes, the risk of a US east and Gulf coast dock strike is heightened; but ILA president Harold Daggett’s pledge that his union members will “hit the streets” on 1 October could be a silver lining for ocean carriers.
Carriers privately admit that supply chain disruption from that strike could be the antidote to a rates collapse in the final quarter of the year.
Container spot rates from Asia to the US ...
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