by Jon Sabel | Sep 22, 2021 | Import/Export News
Article by Grace Kay | Tue, September 21, 2021, 12:25 PM | 3 min read Every day last week, key ports in Southern California hit a new record backlog of cargo ships.An aerial view shows how the coast has turned into a parking lot for container ships.Before the...
by Jon Sabel | Sep 17, 2021 | Market Reports
Rate & Market Information The market-driven rate increases are not easy to stop with current bottlenecks over supply chain. The LA/LGB port complex has been already experiencing congestion as most new carriers deploy their new services there. There are 44 ships...
by Jon Sabel | Sep 3, 2021 | Market Reports
Rate & Market Information We are facing serious space cut by all carriers due to additional blank sailings caused by port congestion in USA which is much worse than ever before. The vessels are not able to coming back, which means the actual working space is much...
by Jon Sabel | Aug 18, 2021 | Market Reports
Rate & Market Information It appears August will be the cruelest month for trans-Pacific lanes as container volumes into North America are expected to reach a new record. Shippers are now focused on moving goods for the holiday shopping season, with back-to-school...
by Jon Sabel | Aug 1, 2021 | Market Reports
Rate & Market Information CONTAINER shipping rates from Asia to the US and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated for companies heading into a peak season for rebuilding inventories, reports...