Port of Los Angeles

LA/Long Beach ports delay excess container dwell fees until Nov. 29

Two large container ships at a port, with cranes and containers on the docks.

The ports of Los Angeles and Long Beach for a second time have postponed collection of a new surcharge on long-dwelling containers, saying progress by ocean carriers and shippers has reduced the amount of aging containers on the docks by a third. Fees will not be assessed before Nov. 29, the port authorities said Monday.

The penalties of $100 per day on loaded import containers moving by truck that sat for nine or more days, and for units sitting for six or more days that move by rail, were...

https://www.freightwaves.com/news/lalong-beach-ports-delay-excess-container-dwell-fees-until-nov-29

Peak season over: Container-ship arrivals in Southern California sink

container shipping

Amid all the headlines on consumer demand, imports to America’s primary container gateway — the ports of Los Angeles and Long Beach — have sunk back to pre-COVID levels, not only due to congestion stranding massive amounts of cargo offshore, but also due to a pullback in ship arrivals that’s being obscured by the congestion story.

LA-LB imports normalizing

The Port of Los Angeles held its monthly press briefing on Tuesday, featuring Transportation Secretary Pete Buttigieg, but the port didn’t...

https://www.freightwaves.com/news/peak-season-over-container-ship-arrivals-to-southern-california-sink

Check Call: Welcome to the party, pal

Hot Take

If anything was clear from the F3 Virtual Experience last week, it’s that a cleaner supply chain is on the horizon. Whether it’s autonomous trucking, reduction in carbon footprints or the advancement of technology, the future is here and everyone is angling to have the next big thing for supply chains. 

In an effort to make good on its #NoEmptyMiles campaign, big gun Convoy has taken what I consider an Amazon-like approach to freight networks. It has announced Convoy for Brokers, a...

https://www.freightwaves.com/news/check-call-welcome-to-the-party-pal

California truck weight exemption unlikely to ease ports logjam

California Gov. Gavin Newsom flanked by officials and longshoremen at the Port of Long Beach during a press conference.

The California Department of Transportation said Wednesday it will begin issuing temporary permits allowing trucks carrying heavier loads of up to 88,000 pounds for import loads on the state highway system, but the change is unlikely to produce intended reductions in huge container backlogs at the ports of Los Angeles and Long Beach.

The increased truck weight limit will apply to the entire state highway system, including interstate routes, for moves between ports and distribution centers in...

https://www.freightwaves.com/news/california-truck-weight-exemption-unlikely-to-ease-ports-logjam

How to make a billion when your ships are stuck at anchor

container shipping Zim

Ocean carrier Zim, by far the largest U.S.-listed shipping company by market cap, just blew away the profit forecasts. Again. But it’s not all smooth sailing.

The Israel-based shipping line (NYSE: ZIM) is particularly exposed to the trans-Pacific trade lane, where port congestion is now having an extremely negative effect on volumes. Ship scheduling data confirms significant and growing fallout to Zim’s trans-Pacific services in the fourth quarter.

On Wednesday, the company reported net income...

https://www.freightwaves.com/news/how-to-make-a-billion-when-your-ships-are-stuck-at-anchor

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