Post by papaof2 on Sept 13, 2021 23:03:04 GMT -6
www.zerohedge.com/markets/container-ship-congestion-la-ports-hits-record-high-more-ships-join-queue
by Tyler Durden
Saturday, Sep 11, 2021 - 02:00 PM
The waiting game is getting longer for container ships entering the largest U.S. ports for transpacific shipping, that being ports of Los Angeles and Long Beach, California.
Ships at anchor and waiting time to berth have jumped sharply across the twin ports. Bloomberg cites new data from both ports, compiled by Wabtec's Port Optimizer supply chain platform, that shows 55 vessels were moored or drifting offshore waiting to offload cargo as of Friday. Just two weeks ago, readers may recall that congestion outside the busiest U.S. gateway for trade with Asia was 40. The average wait jumped almost one day, from 7.6 in late August to 8.5.
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There's more to the article, but I think you get where it's going. 8.5 day wait for the container ship to be unloaded, then reloaded. Perhaps that's one reason Chinese electronics vendors have raised their shipping so much - they're sending more things by air so they get here in less than 2 months...
by Tyler Durden
Saturday, Sep 11, 2021 - 02:00 PM
The waiting game is getting longer for container ships entering the largest U.S. ports for transpacific shipping, that being ports of Los Angeles and Long Beach, California.
Ships at anchor and waiting time to berth have jumped sharply across the twin ports. Bloomberg cites new data from both ports, compiled by Wabtec's Port Optimizer supply chain platform, that shows 55 vessels were moored or drifting offshore waiting to offload cargo as of Friday. Just two weeks ago, readers may recall that congestion outside the busiest U.S. gateway for trade with Asia was 40. The average wait jumped almost one day, from 7.6 in late August to 8.5.
====
There's more to the article, but I think you get where it's going. 8.5 day wait for the container ship to be unloaded, then reloaded. Perhaps that's one reason Chinese electronics vendors have raised their shipping so much - they're sending more things by air so they get here in less than 2 months...