Latin American Cargo Hits Snags Amid U.S. Port Backlog
Congestion at the U.S. West Coast’s busiest ports is disrupting cargo coming from all of the world — not just shipments coming directly from Asia.
The situation has deteriorated to the point where Hapag-Lloyd, the world’s fifth-largest container line, has halted all bookings coming from Latin America, a region that accounted for almost a quarter of its volume in 2020.