Port strike will see 60 more ships at anchor this week and rates rising
As the port strike on the US east and Gulf coasts enters its third day, ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
Zepol has conducted some analysis on US ports. While the horror stories emanating from the west coast are being well-reported, daily, less noted are the benefits coming to other ports. US imports in general were 12% lower, year-on-year, in January, with the port of Long Beach taking the biggest hit – down 35% – while LA saw a 26% fall in imports. But the port of Houston enjoyed a 26% surge in January, and Savannah’s imports rose 24%. Over in New York/New Jersey, there was a rather more modest increase of 6%. Interesting analysis which paints a more balanced picture of the US as a whole.
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