Congestion on US East Coast has been aggravated recently, weighing heavily on the supply chain. The shift in shipping container capacity from the Far East to the US continues. A growing number of containers get to be received and handled at East Coast Ports.
Congestion on US East Coast has been aggravated recently, weighing heavily on the supply chain. The shift in shipping container capacity from the Far East to the US continues. A growing number of containers get to be received and handled at East Coast Ports.
Data from Xeneta shows that this kind of shift has definitely affected the reliability of sailing dates. Only 18.7% of container vessels can arrive on East Coast with no delays.
Peter Sand, the Chief Analyst at Xeneta, revealed that the supply chain of US West Coast had been stretched out for a protracted period, frustrating both shippers and carriers. Shipping vessels even had to wait for three weeks or more at peaks before they could berth at Long Beach Port and Los Angeles Port.
The port congestion situation had forced carriers to divert container ships towards the US East Coast, trying to break the bottlenecks.
According to Peter Sand, there has been an increase of close to 12% in container capacity in the US East Coast. The past three months have already witnessed a year-on-year spike in the sea freight capacity between the Far East and the US East Coast, with the average capacity standing at 210,000 TEU. Or, it can be viewed as carriers have added four ships of 8,750 TEU per week against the level in 2021.
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