Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
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By Mike Wackett
Beleaguered shippers wanting the facts on the current congestion crisis at US west coast ports, not only for their own education but importantly to relay to their angry customers, can do no better than read this excellent informative Q & A press release from the port of Oakland.
Indeed, given the headline news of work slowdowns and weekend work suspension resulting from the impassé on a new labour contract the port of Oakland reminds us that there are other factors that have contributed to the gridlock, including: robust US imports; the deployment of mega-vessels; an acute shortage of chassis and truck drivers and the unreliability of liner schedules.
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