Shipping still has challenges — SupplyChainDive.com

Analysts believe that cargo shipping will continue to have significant challenges throughout 2024:

“Though as that crisis subsided, 2024 has not been a smooth year for ocean shipping stakeholders. Risks along the Red Sea have created longer transit times, fueling congestion at some ports in Asia. Along with higher ocean rates and a looming East and Gulf Coast labor contract expiration, shippers are also facing a volatile ocean market.“

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