Baltimore Congestion Could Curtail Ikea, Starbucks Shipping — Panjiva


Baltimore Congestion Could Curtail Ikea, Starbucks Shipping

Cons. Discr. - Retailing 156 Cons. Staples - Food/Beverages 397 Corp - Ports 661 Materials - Construction 71 Mode - Containerized 1005 Mode - Seaborne 1273 Mode - Truck 48 U.S. 3301

Baltimore is the latest port to face congestion issues with truckers’ access being disrupted. Both capacity constraints and labor conditions are being blamed. The port has expanded steadily with a 6.8% growth in traffic in the three years to Dec. 31. More recently growth has been slower in part due to a low exposure to shipments from China. Consignees using the port may look elsewhere – for example Philadelphia – if congestion continues. Ikea had already cut its shipments through the port by 29.9% year over year in 4Q, in part due to tariffs on Chinese furniture exports. Newer or fast gr...

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