Volatility drives US importers to continue to look for new suppliers
US containerised imports held broadly steady in June, but the underlying sourcing picture suggests importers ...
Long Beach, © trekandshoot | Dreamstime.com
By Alex Lennane
Tariffs, and the uncertainty surrounding them, are causing havoc at US ports. The Los Angeles Times reports that shippers are facing huge traffic jams and containers are piled up on the dockside, incurring thousands of dollars in port fees, while distribution centres are overflowing. But still, shippers are bringing in more inventory, worried about the threat of new tariffs. Los Angeles and Long Beach have been badly affected and are “gummed up”, according to the ports, creating a “nightmare” for customers. Well worth a read.
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