US Shipping Delays Drive Up Global Trade Costs

US Shipping Delays Drive Up Global Trade Costs

The US maritime shipping market is facing a double whammy of delays and rising prices. Factors such as pandemic-induced port congestion, labor shortages, surging demand, container shortages, insufficient capacity, rising fuel costs, and cargo backlogs have collectively driven up ocean freight costs, straining the global trade chain. Container shipping rates from the US to China and Europe have increased 3-4 times since 2020, and delays have not yet been fully resolved. The situation continues to put pressure on businesses and consumers alike.

Transpacific Shipping Lines Raise Rates Amid Labor Talks Stalemate

Transpacific Shipping Lines Raise Rates Amid Labor Talks Stalemate

Despite uncertainty surrounding West Coast labor negotiations, trans-Pacific shipping companies have announced plans to raise freight rates. This move stems from optimistic expectations of improved market demand and revenue, coupled with confidence that labor and management will avoid disruptions. Shippers need to adopt diversification strategies in response. The shipping industry faces the long-term challenge of building a more resilient supply chain, especially considering the ongoing labor talks and their potential impact on service reliability and overall costs for businesses relying on trans-Pacific trade.

02/04/2026 Logistics
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Ecommerce Carriers Struggle with Ontime Deliveries

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Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

Shipping Industry Grapples with Complex Charter Terms Like PWWD, SSHINC

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Amazon Lightning Deals Key Strategies to Boost Sales

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Amazon Snapchat Bet on AR to Cut Ecommerce Returns

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