Nov 08, 2024
Early Lunar New Year, tariffs, strike risk underpin Q4 strength in ocean freight | Journal of Commerce
The bullish fundamentals are expected to keep US imports healthy as the year ends and put a floor under rates, according to participants at this year’s CONECT conference.
Despite multiple highly disruptive exterior events, from hurricanes to labor strikes, there has not been an intermodal service meltdown in North America, writes Larry Gross.
Sources also noted that some recent sailings on the trade lane have had difficulty filling space at Nhava Sheva and Mundra in line with declared allocation plans.