Jam-packed West Coast warehouses are pushing more freight inland earlier, raising spot prices and expedited trucking costs in lanes out of the Los Angeles region faster than expected.
With the number of ships at anchor growing at Shanghai, Ningbo, and in Southern California, the delays at Chinese origins will ripple through supply chains, raising the risk of another wave of structural blank sailings.
The ports of Los Angeles and Long Beach and their terminal operators seek quick relief from congestion problems as vessel bunching reaches historic levels.
Portchain has turned traction for its berth planning software into a cash injection intended to fuel its ability to help terminals better utilize resources as they grapple with port congestion.
Pinched at both Asian load ports and US receiving ports, trans-Pacific carriers in August registered their fourth consecutive month of deteriorating on-time performance.
Two cases before the Federal Maritime Commission will test the limits of the regulator’s interpretative rule on detention and demurrage penalties.
After a year of pandemic-induced delays, demand for refrigerated containers equipped with active controlled-atmosphere (CA) technology, typically reserved for high-value produce, has increased among a wider range of shippers.
Maersk issued its third upgrade of full-year 2021 results thanks to the continued strength of its ocean business and high freight rates.