The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024.
Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more vessel sailings to be canceled. The dockworkers union serving East and Gulf Coast ports is threatening to strike next October. While freight rates are low,...
https://www.freightwaves.com/news/container-shipping-outlook-2024-rising-risk-of-delays-disruptions