In a recent discussion, Jena Santoro of Everstream Analytics addressed key issues affecting the container shipping market, such as ongoing disruptions in the Red Sea, potential strikes at East and Gulf Coast ports, and impending tariffs. Santoro noted that Red Sea diversions have persisted for months, leading to increased shipping costs and delays. As the September 30 deadline for labor negotiations approaches, shippers are preemptively shifting cargo to the West Coast amid speculation of a strike. Additionally, upcoming tariffs on Chinese products are expected to further impact import activity and consumer prices. The overall economic outlook remains uncertain, with seasonal fluctuations anticipated.

Source: https://www.logisticsmgmt.com/article/qa_jena_santorosenior_manager_of_global_risk_intelligence_everstream_analytics/