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An industry interview says Red Sea shipping disruptions are a long-term risk that has been tracked for nine to ten months. The discussion also covers a possible East and Gulf Coast port strike and upcoming tariffs.
Persistent Red Sea diversions keep ocean freight costs and transit times elevated, and a possible US port strike adds supply-chain uncertainty for grain and feed exports.
supplychain247.comJeff BermanSep 9, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
