Central American ports likely to experience congestion in coming weeks
The strike that shuttered US east and Gulf coast ports is ended last Friday, sooner than investors had expected. However, there will be still be supply chain effects: the offshore backlog had already risen to 60 containerships by the time the deal was reached.
According to experts, it will take around three weeks to work through volumes that have already piled up.
Despite the delicate situation, it is important to note that the conclusion of the strike has yielded at least one positive outcome: the suspension of surcharges imposed by shipping companies to counteract the negative effects of the operational blockade at the East Coast ports.
For example, MSC has announced the cancellation of its Emergency Operation Surcharges (EOS), which were introduced on October 3, for all shipments departing from East Coast and Gulf ports.
CMA CGM has also communicated the suspension of the Local Port Charge, which was set to take effect on October 11.
We are monitoring the situation closely and remain available for any questions or clarifications.
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