US ports, shippers face major fallout from Suez Canal chaos

Suez Canal

The mega-container ship Ever Given is finally free. The Suez Canal is unblocked. Problem solved? Not even close. The problems for container lines and shippers have just begun. In the U.S. market, East Coast cargo flows will bear the brunt of the fallout — although it will be felt nationwide.

Most of the containers transiting the Suez Canal move from Asia to Europe. But this waterway also handles very significant volumes from Southeast Asia and India to the East Coast.

Asian containers head to the...

https://www.freightwaves.com/news/us-ports-shippers-face-major-fallout-from-suez-canal-chaos

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