US strikes loom over container shipping
2024-09-18T11:01:00
Container trading and leasing companies should prepare for major disruption caused by looming industrial action in US East Coast and Gulf Coast ports
US container cargo imports surged by 12.9% year-on-year in August 2024 with major ports handling nearly 2.5 million teu, highlighting strong freight demand. However, concerns are mounting ahead of labour strikes, anticipated to begin on 1 October.
Christian Roeloffs, co-founder and chief executive of Container xChange, warns that these potential strikes introduce significant uncertainty for container shipping professionals.