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US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert

Benzinga LogoBenzinga12h ago

US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert - Benzinga

Quick Summary:

Maritime Alliance of terminal operators show signs of breaking down, said Christian Roeloffs, CEO of online container leasing platform Container xChange.“A strike now appears increasingly likely, threatening to disrupt nearly half of the nation’s ocean trade,” he said on Tuesday.“The uncertainty is compounded by the fact that the duration of these strikes is unclear — it could be resolved within weeks or drag on for months, as seen with the West Coast strike last year.“September is traditionally one of the busiest months for U.S.containerized imports, driven by the peak shipping season as businesses prepare for the holiday rush.”

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A possible strike by thousands of dockworkers at East and Gulf coast ports in October could result in major disruptions in the supply chain of goods coming in and out of the U.S., according to an export on container trade.


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Article Details

Author / Journalist: Michael Juliano

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 18:00:34 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22570020

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Official Website: benzinga.com

Update Frequency: 38 posts per day

Year Established: 2010

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News Last Updated: 8 hours ago

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Publisher ID: #53

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