An anomaly has arisen in container shipping data as US West Coast imports from Asia saw rates falling on fears of a US recession, while US dockers’ strikes on the East Coast and the election have raised fears of further disruption.
Xeneta chief analyst Peter Sand, however, considers Mexico a viable alternative for US imports, claiming that Mexican ports have already shown they can handle the increased demand, with China volumes increasing 30% year-on-year.
“Mexico effectively takes some risk off...
https://container-news.com/mexico-can-be-us-west-coast-alternative-as-volumes-soar/