- An influx of imports from Asia to the U.S. has created a bottleneck at West Coast ports.
- As a result, backed up cargo ships have started to contribute to a worldwide shortage of containers and soaring shipping rates.
- The volume of containers handled at the California ports of Los Angeles and Long Beach, which serve as gateways for goods from Asia, grew 45% in February.
- The traffic jam of container ships along the West Coast is exacerbating a shortage of containers and a corresponding rise in...
https://mfame.guru/bottleneck-in-us-ports-hike-in-freight-rates/