BOAT - Despite Challenges U.S. Ports Remain Resilient
2024-04-19 05:00:00 ET
Summary
- Recent events have introduced near-term challenges for many U.S. East Coast ports, but they generally remain well-positioned to withstand potential headwinds.
- Labor uncertainty could become a concern for shipping companies, with the International Longshoremen’s Association labor agreement with East Coast ports expiring at the end of September.
- While there may be some near-term disruption driven by the cumulative impact of these challenges, we believe the sector remains well-positioned to weather any headwinds over the longer term.
By Philip J. Zielke
Recent events have introduced near-term challenges for many U.S. East Coast ports, but they generally remain well-positioned to withstand potential headwinds. ...
Despite Challenges, U.S. Ports Remain Resilient