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Long wait for lovers of Liverpool port including Baxter and Becton, Dickinson

Consumer Staples 730 Corp - Ports 854 Health Care 340 Mode - Containerized 1417 Mode - Seaborne 1752 U.S. 5146 United Kingdom 339

Container shipping facilities at the port of Liverpool, U.K., including those run by Peel Ports, are reportedly suffering from congestion due to equipment shortages and understaffing. The port has had to deal with Brexit, the pandemic as well as an influx of new services from MSC and Maersk among others. The impact of the new services can be seen in shipments handled through the port which fell by just 1.6% year over year in Q1’21 while total U.K. port activity slumped 12.6% lower. While mostly a short-haul issue there may also be challenges for long-haul routes and their dependent suppl...

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