(Lloyd’s Loading List)
U.S. West Coast ports need to improve performance to attract cargo back now unions and stevedores have finally agreed a new five-year labour contract after ten months of supply chain disruption, according to one leading analyst.
“Most of the diverted cargo will return, but for U.S. West Coast ports to reverse the long-term trend towards the U.S. East Coast they will need to restore confidence and increase productivity,” warned Drewry Maritime Research.
As previously reported in Lloyd’s Loading List, West Coast gateways face severe pressure from East coast rivals served by lines shipping from Asia via the Suez Canal which have benefitted from the industrial action. An enlarged Panama Canal will also soon open a second alternative for lines and their customers. Click here to read more.