teamsters strike

Transpacific container spot rates were in the ascendancy this week as industrial action storm clouds gathered over US east coast ports.

Drewry’s WCI Asia-US east coast spot rate component inched up 1% on the week, to $8,811 per 40ft, which is 157% higher than a year ago.

But the ‘ship has already sailed’ for Asian exporters trying to get their goods through US east coast ports before a potential strike on 1 October; so it follows ...

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