Strike swell hits transatlantic rates – transpac shippers hold their breath
The supply chain ripples from the US east and Gulf coast port strike have largely ...
Port congestion issues, equipment shortages and a very harmful lack of capacity for the trade are going to vanish later this year the bulls insist? Go away!
There is yet one more reason, detailed herein, why AP Møller-Mærsk (APMM), CMA CGM, Hapag-Lloyd and friends will keep capacity at the bare minimum for longer, while talk of adding tonnage where the shippers need it most short term is a pure joke (barring here any mid-term capex considerations).
Why, ohhh why
Now: why add capacity ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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