U.S. ports of call are changing for Asian markets
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🚢 U.S. ports of call are changing for Asian markets.
The Ports of Los Angeles and Long Beach were once king of the West Coast and absorbed the vast majority of goods being shipped to the U.S. from overseas. Now, Gulf Coast and U.S. East Coast ports such as those in New York, New Jersey, Houston, and Georgia are having their hay day. By diversifying points of entry into the U.S. market, suppliers are attempting to avoid pitfalls involving potential labor strikes and other supply chain issues spurred by the pandemic era. Given the trajectory, it is unlikely that companies will go back to relying on a single point of entry into the U.S., and this diversification is likely to continue. Sorry, Los Angeles!
Medical experts are warning that a prolonged strike at ports along the East and Gulf coasts could disrupt the supply of life-saving medications.