Tag: port congestion

After 25 months, the Marine Exchange of Southern California said that the container ship backup for the ports of Los Angeles and Long Beach has ended.

According to Sea-Intelligence, with the continued gradual improvement in schedule reliability in August 2022 and the resultant improvement in vessel delays, the global fleet that was unavailable due to these delays dropped to 7.9%. This was from a peak of 13.8% in January 2022.

The Federal Maritime Commission is seeking public comment on whether supply chain congestion has created conditions warranting the issuance of an emergency order requiring common carriers and marine terminal operators (MTOs) to share key information with shippers, truckers, and railroads.

According to Carl W. Bentzel, Commissioner with the U.S. Federal Maritime Commission, the congestion at US ports comes from the lack of accountability in moving the buildup of empty containers back into the terminals.

Federal Maritime Commission (FMC) Chairman Daniel B. Maffei visited the Port of New York and New Jersey in order to meet with trucking representatives and marine terminal operators regarding the increasing congestion at the US’s number two port for containerized cargo.

The Port of New York and New Jersey will implement a new quarterly container imbalance fee for ocean carriers as part of the seaport’s effort to handle record cargo volumes due to peak cargo season and a cargo shift from the West Coast.

The US Chamber of Commerce urged President Biden to resolve the ongoing labor negotiations between the Class I freight railroads and the twelve rail unions, which could worsen the congestion at US ports.

Sea Intelligence tries to assess the total loss of shippers due to delays. To do it, instead of measuring schedule reliability from the perspective of vessels, it measured it from the perspective of the cargo being moved.

Global port congestion will last until early 2023 and keep spot freight rates high, logistics executives said, urging charterers to change to long-term contracts to address shipping costs.

In its latest report, Windward focuses on the recent re-opening of the Shanghai port and the impact it will have on the supply chain.