Shipping freight rates are being pushed up due to a U.S. West Coast port strike. Container ships are unavailable for new orders because of delays in offloading and taking on new cargo.
Off the large U.S. West Coast ports, dozens of container ships are lying in wait. Many of which have been waiting more than a week to enter port to unload or take on new cargoes.
A lot of vessels are being affected by the strike. There are a lot of delays and container rates are being pushed up due to fewer ships being available for new orders.
