US strikes loom over container shipping

Savannah will be taking advantage of additional post-panamax traffic

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.

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