A slow-motion train wreck.
That’s the image shipping analyst Lars Jensen conjured over the long weekend as talks between dockworkers on the US West Coast and their employers drag on, boosting concern of another nationwide supply-chain mess.
“Ever since the old contract failed to get renewed in the middle of 2022, the specter of labor disruptions on the US West Coast has been a constant risk factor,” Jensen, the head of Vespucci Maritime, wrote in a LinkedIn post. “As the labor disruptions in 2014-15 showed, it does not take long for a substantial queue of container vessels be built up outside California.”
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