Port of LA

Port of Los Angeles ready for bountiful container volumes

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Port of Los Angeles Executive Director Gene Seroka said a 55% year-over-year (y/y) increase in...

https://www.freightwaves.com/news/port-of-los-angeles-ready-for-bountiful-container-volumes

YM Tutorial embarking on maiden voyage to Port of LA

Yang Ming’s newest addition to its fleet entered service Friday on a trans-Pacific route that calls the Port of Los Angeles.

The YM Tutorial, with a carrying capacity of 11,000 twenty-foot equivalent units, was built by Imabari Shipbuilding Co. in Japan, where a naming ceremony was held in June. 

The port rotation for Yang Ming’s PS6 service is Qingdao and Ningbo, China; Pusan, South Korea; LA; Kobe, Japan; and Qingdao. According to MarineTraffic, the YM Tutorial was expected to arrive in Qingdao...

https://www.freightwaves.com/news/ym-tutorial-embarking-on-maiden-voyage-to-port-of-la

Will Long Beach’s sunny spring be followed by stormy summer?

The Port of Long Beach reported its busiest March ever and “the most active quarter on record as long-dwelling cargo continued to move out of marine terminals.”

The port moved 864,156 twenty-foot equivalent units last month, up 2.7% from the previous record set in March 2021. Imports increased 4.7% year-over-year to 427,280 TEUs, while exports declined 18.3% to 114,185 TEUs. Empty containers “jumped” 10% to 321,691 TEUs, the port said in Thursday’s announcement. 

The Port of Long Beach said March...

https://www.freightwaves.com/news/will-long-beachs-sunny-spring-be-followed-by-stormy-summer

Port of Long Beach: On-water visibility requires supply chain information highway

The Port of Long Beach announced Thursday that it has selected technology consultant Uncomn to help it do something historically uncommon in the ports sector: provide digital end-to-end visibility across transportation modes.  

Executive Director Mario Cordero said during a press conference that the port has made it a priority “to help stakeholders by getting them information they need and when they need it. … It was clear that the best possible solution was to offer access to a platform that...

https://www.freightwaves.com/news/port-of-long-beach-on-water-visibility-requires-supply-chain-information-highway

‘Amazing’ transit times: From China, it’s faster to reach New York than LA

Time is the most valuable commodity in the world of trade. It’s priceless. A new report out on transit times from digital freight forwarder shifl shows the impact the massive congestion off the coast of Los Angeles and Long Beach has had on transit times. 

The pipes of trade on the West Coast are so clogged it is now faster for vessels to travel to the East Coast and call on the Port of New York and New Jersey than to travel to the West Coast ports and wait, the report says. 

According to Shifl’s...

https://www.freightwaves.com/news/amazing-transit-times-from-china-its-faster-to-reach-new-york-than-la

CMA CGM acquiring Port of LA’s Fenix Marine Services

The CMA CGM Group announced it will become the sole owner of the Fenix Marine Services (FMS) terminal at the Port of Los Angeles by acquiring the remaining 90% stake in a deal with an enterprise value of $2.3 billion. 

“After closing, the CMA CGM Group will take over the operations of this strategic industrial facility with a goal of improving its service quality to better deliver upon its customers’ expectations,” Wednesday’s announcement said.  

The French shipping giant already held a 10%...

https://www.freightwaves.com/news/cma-cgm-acquiring-port-of-las-fenix-marine-services

Record cargo volumes flowing through Southern California ports despite logjam

Despite the San Pedro Bay congestion and transportation and warehouse capacity crunches, the ports of Los Angeles and Long Beach are moving cargo — a lot of cargo. The Port of LA had its busiest September ever, while Long Beach had its second-busiest. 

The Port of LA handled 903,865 twenty-foot equivalent units in September. That is up 2.3% compared to the previous September record set last year of 883,625 TEUs. 

Through the end of September, 2021 volume at the Port of LA totaled 8,176,917 TEUs,...

https://www.freightwaves.com/news/record-cargo-volumes-flowing-through-southern-california-ports-despite-logjam

Viewpoint: LA empty containers tell a compelling story

This commentary was written by Lori Ann LaRocco. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

New analysis into the empty container exports out of the Port of Los Angeles shows just how desperately the flow of trade is trying to right itself.

According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to...

https://www.freightwaves.com/news/viewpoint-la-empty-containers-tell-a-compelling-story

How one brokerage helped revolutionize Tajiguas Landfill’s green future

Tajiguas Landfill, the oceanfront resting place for Santa Barbara County’s trash, is no longer an ordinary landfill. The revitalized waste management facility⁠ — now known as the ReSource Center ⁠— promises to reduce waste by 60%, generate enough renewable energy to power 2,000 homes a year and create 100 jobs. 

But the new face of Tajiguas Landfill has a decadeslong history ⁠— one that includes a lawsuit and a resourceful logistics provider.

The landfill opened operations in 1967, and as the...

https://www.freightwaves.com/news/how-one-brokerage-helped-revolutionize-tajiguas-landfills-green-future

Peloton: The poster child for Containergeddon

This is an excerpt from Thursday’s Point of Sale retail supply chain newsletter.

In early November, mounting delays for Peloton exercise equipment led me to title the second  Point of Sale edition ‘Can Peloton avoid disaster this season?’. At that time, there were rumblings from restless customers and estimated shipping times of four to six weeks, more than double PTON’s “normal” (pre-COVID) window of two weeks. Now, it’s no longer rumblings but rampage and not four weeks, but 10. The answer to...

https://www.freightwaves.com/news/peloton-the-poster-child-for-containergeddon

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