News - J.M. Rodgers Co., Inc.

Take a Look at the Record-breaking Port Congestion From 10,000 Feet Above, As 70 Hulking Cargo Ships Park Off the LA Coast

by J.M. Rodgers Co. | 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...

[September Mid-Month Market Report] Transpacific Rates and Space Situation Updates

by J.M. Rodgers Co. | Sep 17, 2021 | Market Reports

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.

[September Market Report] Transpacific Rates and Space Situation Updates

by J.M. Rodgers Co. | Sep 3, 2021 | Market Reports

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 less. We have seen two-digit reduction of space in last months as we tried our hardest to keep the existing space with all carriers.

[August Mid-Month Market Report] Transpacific Rates & Space Situation Updates

by J.M. Rodgers Co. | Aug 18, 2021 | Market Reports

Rate & Market InformationIt 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...

[August Market Report] Transpacific Rates and Space Situation Updates

by J.M. Rodgers Co. | Aug 1, 2021 | Market Reports

Space situation remains tight with further blank sailings and vessel delays due to port congestions. Read more in our June Market Report.