Although major US gateways have made some progress in promoting data sharing on vessel arrivals, port authorities say more systemic thinking must take place among carriers and their supply chain partners to avoid a repeat of the meltdown that occurred in 2021-22.
As economists question whether the US consumer is finally pulling back as tariff costs increasingly show in store prices, another major generator of freight manufacturing orders is showing signs of sputtering.
Alliance members Ocean Network Express, HMM and Yang Ming said they were “closely monitoring” the situation around the Red Sea with the focus on the safety of crew, ship and cargo.
