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US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert
Tuesday, September 17, 2024 - 2:00pm | 873A 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. The International Longshoremen's Association (ILA), representing more than...
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Strikes At US Ports, Canada's Railways May Cause Container Freight Rate Volatility
Wednesday, August 21, 2024 - 7:12pm | 424Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in container freight rates by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert. “With the looming strikes at Canadian railways and...
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Container Rates Rise As Shippers Get A Jump On Peak Holiday Season
Thursday, July 25, 2024 - 2:25pm | 368The cost of leasing shipping containers is rising. What Happened: The average cost to ship a 40-foot container from China to the U.S. West Coast has jumped from $1,1765 in June to $1,534 in July and from $1,149 last month to $1,477 this month, data from online container leasing platform Container...