Impact of Strikes on The Global Shipping Industry

Intensifying strikes are impacting cargo movements which are straining the supply chain with shipping delays, port backlogs, cargo rerouting, and more. Many countries such as Argentina, South Korea, and more are being impacted by the strikes due to fuel shortages. Surging fuel prices are preventing cargo trucks from loading fuel and are delaying the movement of the shipment. Indefinite strikes are threatening to disrupt operations in various industries such as automotive, steel and cement, manufacturing, and more. On the other hand, German ports are being disrupted by strikes over wage disputes, and debilitating shipping operations.