$1.5m China-built ship charge would bring return of US port congestion
The million-dollar-plus charges for Chinese-built vessels calling at US ports would unsurprisingly put inflationary pressure ...
Photo: VinceZen Dreamstime.com
Because 76% of the US population lives closer to the east, it is logical that more cargo will go there, according to industry experts.
It means ocean freight will continue to migrate to US east coast ports from Pacific gateways, Blue Alpha Capital founder John McCown told The Loadstar’s podcaster Mike King.
He said that February was the 21st straight month that east coast ports had out-performed their western counterparts and added: “This is an underlying shift that has been going on for a ...
Comment on this article