Transpacific container shipping supply chains facing issues

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With door-to-door reliability expected to remain poor until the US import demand surge ebbs, the performance of Transpacific container shipping supply chains is unlikely to improve in the short term, according to analysts. Soaring spot freight rates are not seen tailing off before the ongoing long-term Transpacific contract negotiations are completed by carriers and shippers in early summer. The current US port conditions are set to continue for the foreseeable future. Chassis availability is at an all-time low and turnaround times at ports are at a high, as per a report.