© Khunaspix Dreamstime.
By Alex Lennane
As congestion at container terminals around the world has become commonplace, port productivity has inevitably come into focus.
A measure of just how serious the threat of port congestion is to global commerce was put into context by Moffat & Nichol’s chief economist Walter Kemmsies, who recently described it as a “new form of trade barrier”.
The recent travails of shipping lines and their customers on the US west coast has brought the matter to public attention – particularly when it involved a human interest story, such as McDonald’s being forced to ration portion sizes to Japanese customers because exports of US potatoes were stuck on the docks.
To download full article, please go here: