Implications of looming port labor strikes on U.S. container trade and supply chains

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. However, this year presents an unprecedented combination of challenges that could heavily impact supply chains. Potential labor strikes, natural disasters, and tariff uncertainties are converging, creating a highly volatile environment … Read more

U.S. East Coast dockworkers’ strike – key insights for container traders and leasing companies

At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association initiated a strike that has led to the closure of U.S. East Coast and Gulf Coast ports, disrupting the flow of both import and export containers, and impacting overall container operations. In our previous advisory dated 26 September 2024, we covered the potential impacts … Read more

Machine learning to predict future ocean freight rate movements

Industry leaders at the Xeneta Summit in Amsterdam have been told ocean container shipping must harness the power of machine learning to protect supply chains in an increasingly complex and volatile market. In a keynote speech today to announce Xeneta’s new in-platform Ocean Market Rate Outlook, Chief Product Officer Fabio Brocca explained how machine learning … Read more