APM Terminals (APMT) said the two largest container gateways in the U.S., Los Angeles-Long Beach and New York-New Jersey, are returning to pre-pandemic efficiency levels while noting it will take some time for ports along the South Atlantic and Gulf Coast to achieve more normal cargo flow. Leo Huisman, APMT’s managing director for the […]
Read MoreThe tight U.S. chassis supply has been a contributing factor in port and rail congestion for more than a year. However, relief is coming, according to Bernard Vaughan, a U.S. chassis executive, who for decades served as the chief lawyer for chassis provider Flexi-Van Leasing. Vaughn, now principal at Vaughan Advisors, told the New York-New […]
Read MoreAccording to data from Industrial real-estate services firm JLL, logistics and distribution firms and 3PLs are the top takers of warehouse space in the U.S., accounting for 15% and 13.1% of the total area respectively (see Figure below). The tightness in warehousing space for the 3PL industry in the U.S. has exponentially increased lease […]
Read MoreThe share of import containers moved by rail from Los Angeles-Long Beach has reached a historical low in the first four months of 2022. It has fallen from 67.9% in 2019 to 56.8% in 2021 and to 40.8% in January through April, according to the Alameda Corridor Transportation Authority (ACTA). The average number of […]
Read MoreOverall, China’s total container volumes have only seen a marginal contraction of 2.5% in April despite pandemic-related lockdowns in Shanghai. Even though Shanghai port recorded a -25% drop in containers handled in April, much of that volume was redirected with seven of the ten largest container ports located in China, The McCown Report assessed. Cargo […]
Read MoreContract talks started on May 10th between the Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU), the two parties who represent many of the companies and workers that keep U.S. West Coast ports running. Labor Union representing port workers on the U.S. West Coast. More than 22,000 workers employed at 29 ports […]
Read MoreU.S. ports occupy the top five positions with New York having the most expensive Demurrage and Detention (D&D) charges followed by the ports of Long Beach, Los Angeles, Oakland and Savannah. All five of these ports are more than two to three times more expensive than seventh-placed Hong Kong and at least 20 times more […]
Read MorePublic attention has waned two years into the crisis that disrupted global supply chains, giving the impression that everything is back to normal. On the ground, the US’s busiest port complex is still battling bottlenecks across the board. Responsible for 42% of all containerized trade with Asia, the US’s largest hubs of Los Angeles and […]
Read MoreCommissioner Rebecca F. Dye today released her Final Report for Fact Finding 29, “The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain,” a two-year investigation involving hundreds of Commission stakeholders participating through Team meetings, phone conversations, emails, and presentations to various groups. Commissioner Dye presented the Final Report with twelve Final Recommendations to […]
Read MoreMaersk said this week that it foresees the ports of Los Angeles and Long Beach soon implementing the container dwell fee, announced in October and since delayed week after week, as the ports continue to tackle congestion. The company said in a rate announcement that the likelihood the fee will be implemented “has risen significantly this month.” […]
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