import surge

Port of Long Beach smashes annual record despite December ‘speed bump’

The Port of Long Beach reported Wednesday that it moved more cargo in 2021 than any year in its 110-year history. The news was not a surprise: The world had watched as the port was flooded with what it called a “historic, pandemic-induced import surge.” 

During 2021, the Southern California port handled 9,384,368 twenty-foot equivalent units, a 15.7% increase from the previous record of more than 8.11 million TEUs set just a year earlier. Imports increased 14.6% year-over-year to 4,581,846 TEUs,...

https://www.freightwaves.com/news/port-of-long-beach-smashes-annual-record-despite-december-speed-bump

California, US DOT to coordinate on major freight infrastructure projects

A bridge under construction.

The U.S. Department of Transportation and California have formed a strategic partnership to help facilitate new freight projects and financing opportunities for multibillion-dollar infrastructure improvements in the state that enable goods movement nationwide.

The agreement focuses on addressing long-term structural issues that have contributed to the supply chain bottlenecks being felt around the nation this year amid record import demand and operational breakdowns at every stage within the...

https://www.freightwaves.com/news/california-us-dot-to-coordinate-on-major-freight-infrastructure-projects

Broken records: ‘Historic cargo surge’ still making waves at US ports

“If I had a nickel for every time I heard …”

Add “record.”

“If I had a nickel for every time I heard the word record associated with a U.S. port’s monthly volume … .”

U.S. ports continue to rake in a lot of nickels while they break record after record as consumers keep dropping dollars on everything from Asian-manufacturered appliances to zebra-striped apparel. 

Port of Long Beach

Wednesday’s announcement from the Port of Long Beach said the United States’ second-busiest port “continued its unprecede...

https://www.freightwaves.com/news/broken-records-historic-cargo-surge-still-making-waves-at-us-ports

Tactics To Tackle Port Congestion and Improve Port Efficiency

Freight Waves reports of an article by Lidia Yan, CEO at NEXT Trucking, where in she explains the causes of port congestion and tactics to improve efficiency.

Increasing Port congestion 

During the release of Evergiven A container ship on the Suez Canal in March caused the biggest headache in the harbor congestion. The Port of Los Angeles and Long Beach, the two largest gateways to US imports, have been hit by unusual levels of congestion in recent months, with nearly 40 freighters anchored for...

https://mfame.guru/tactics-to-tackle-port-congestion-and-improve-port-efficiency/

‘Seismic shift’: Maersk commits to long-term relationships with shippers

In the past, the annual choreographed contract negotiations between ocean carriers and shippers were a bit like a high school prom. You didn’t particularly care for your date, but you didn’t want to miss the dance.

That’s not the case anymore, according to Charles van der Steene, the head of sales in North America for A.P. Møller – Maersk, who says the world’s largest ocean carrier is more and more entering into long-term committed relationships with shippers.  

“We’ve been very deliberate since...

https://s29755.pcdn.co/news/seismic-shift-maersk-commits-to-long-term-relationships-with-shippers

San Pedro Bay congestion recedes to Christmas Eve level

The number of container ships at anchor in San Pedro Bay has dropped by more than half since the 40 waiting to berth at either the port of Los Angeles or Long Beach on Feb. 1.

Seventeen container vessels were at anchor late Tuesday morning, with 10 destined for the Port of LA, according to Executive Director Gene Seroka. 

“That is the fewest container ships at anchor outside the Port of LA since Dec. 24, when there were also 10 container ships resting outside,” Seroka said, noting another 18...

https://s29755.pcdn.co/news/san-pedro-bay-congestion-recedes-to-christmas-eve-level

Port of LA will pay container terminals for efficiency gains

The Port of Los Angeles is willing to pay out $7.5 million to San Pedro Bay container terminals over the next year if they turn trucks faster.

“We see this as an investment in our efficiency,” a port spokesman told American Shipper Wednesday.

The port announced this week that beginning Feb. 1, it will reward container terminals for both improving truck turn times and completing dual transactions.

The port said the incentive program is designed to help move trucks faster and more efficiently...

https://www.freightwaves.com/news/port-of-la-will-pay-container-terminals-for-efficiency-gains

Will freight volumes take flight? — #WithSONAR

with sonar header

How will freight volumes move through the end of the year?

Luke Falasca and Kyle Taylor analyze how the U.S. import surge will affect truckload volumes. 

Freight volumes are seeing a slight slowdown as we move into the holiday, but U.S. imports and continued backlogs at the ports may lead to a post-Christmas surge. 

The guys talk about how the U.S. import volume is continuing to surge, once again thanks to e-commerce, and a seven-day forecast shows an expected spike in ocean imports. 

Falasca says...

https://www.freightwaves.com/news/will-freight-volumes-take-flight-withsonar

Georgia Ports continuing record-setting ways

Georgia Ports Authority Executive Director Griff Lynch used PGA Masters Tournament announcer Jim Nantz’s phrase to describe last month — “a November like no other.”

Unlike Tiger Woods’ performance at the Masters, the GPA turned in record-setting results in November.

“In November we enjoyed our fourth consecutive month of growth. November was an all-time record, beating October, which was an all-time record,” Lynch said. “We were up 28% year-over-year. We came in at 464,804 TEUs. It was a really...

https://s29755.pcdn.co/news/georgia-ports-continuing-record-setting-ways

Cargo Carrier Contracts Slip Amid Surging Demand Spike

  • Carriers are finding spurious reasons to refuse the release of equipment at depots in China, in addition to rolling contracted containers without notice.
  • Even the biggest BCOs were having trouble getting equipment and space when they had exceeded their MQCs.
  • Carriers appear to be turning away from the stability of annual contracts on the route in favour of the more volatile spot business.
  • There is no immediate sign of the unprecedented demand spike on the trade coming to an end, with US ports...

https://mfame.guru/cargo-carrier-contracts-slip-amid-surging-demand-spike/

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