CNBC
November 3, 2023
Lori Ann LaRocco
FROM THE ARTICLE: The road of pain has lengthened month by month; last year trucker Containerships have priority in crossing the canal due to their contracts. The most impacted vessel types are wet bulk and dry bulk vessels, Ashiq said.
...
“This may start a shift in bookings for Transpacific freight destined to the U.S. East and Gulf through the Suez Canal, which is located in a region with significant geopolitical headwinds,” said Paul Brashier, vice president of drayage and intermodal at ITS Logistics.
Read the full article here.