Labor and equipment shortgages along with strong consumer purchasing demand is creating a perfect storm and overwhelming one of the busiest gateways to the U.S. economy. Cargo vessels sit idle offshore from Los Angeles, waiting for a berth opening, while shipping containers stacked five and six-high crowd the the ports of L.A. and Long Beach.
Tags: Infrastructure, Ports, Shipping, intermodal
Imports and exports have rebounded at the Port of Oakland which expects a “strong fourth quarter for 2020.”
Tags: Ports, intermodal
As more Americans shift their purchasing to online home shopping, transpacific sea freight rates have risen to the highest on record and fueled Asian container shipping industry growth.
Tags: Marine, Shipping, intermodal
