Port Strike

Port Congestion

Brace for USEC port strike

A coastwise strike at US East and Gulf Coast ports now looks certain to start on 1 October 2024. The 14 ports controlled by the ILA handled 28.4m teu of containerised cargo in 2023 or almost 550,000 teu each week. For each week that the strike continues, it would hold up 1.7% of the global containership fleet, with an indefinite strike expected to affect over 4.5m teu of the fleet, accounting for 15% of the total containership capacity. Global port congestion has eased over the past week but th

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