Airfreight Market Update | Week 5
U.S. COAST-TO-COAST MARKET UPDATE U.S. WEST COAST Container ships are anchored outside of the ports awaiting berth. The berth congestion appears to be mainly caused by late/off proforma vessels and the issue is expected to continue, over the next month. Los Angeles | Long Beach HIGH CONGESTION There are currently [...]
As the port workers in Los Angeles and Long Beach face the task of managing the record level surge of imports, they must, at the same time, endure a surge in COVID 19 cases in the county. There are currently about 700 dockworkers in the LA/LB area who have tested [...]
Lunar New Year Holiday Closings Approaching As the Lunar New Year Holiday draws near, many U.S. business who rely on Asian manufacturing have increased their orders to ensure they have inventory on hand before factories in Asia close. The surge of cargo coming out of Asia [...]
Rail delays in Chicago caused by major chassis shortages have now rolled out to Minneapolis and St. Paul. The congestion in Chicago was poor at the end of last year, when street dwell times for chassis was over 4 days long, leaving containers idling at Union Pacific’s largest Chicago terminal. [...]
There is a pileup in California, not from street traffic, but instead from the numerous ships at the ports in Los Angeles and Long Beach. On Wednesday January 13th, there were 91 ships at the LA port. Of those, 56 of them were container ships with 24 at berth and [...]
Congestion continues to be one of the major issues causing delays at U.S. terminals due to increased volume. Labor shortages and equipment shortages are also contributing to supply chain delays. What is Congestion? Congestion occurs when a terminal becomes overwhelmed by shipments and must handle more containers than the terminal [...]
The United Kingdom officially separated from the European Union on January 31st, 2020, however the rules set out in their new agreed partnership, which include rules around trade, were not in effect until January 1st, 2021, after the Brexit transition period ended on December 31st, 2020. According to the agreement, [...]
U.S. Railway Delays Freight moving through U.S. railways are facing delays lasting several days and sometimes weeks. Issues related to inclement weather and surges of import cargo, from peak season holiday shipping, are just some of the contributing factors adding to congested freight yards causing delays. On December 1st, a [...]