The recurrence of the Delta mutant strain is a heavy blow to the shipping industry. Shipping costs have soared as container prices around the world continue to hit record highs. Port congestion continues to worsen around the world, and global supply chains are in crisis.
The recurrence of the Delta mutant strain is a heavy blow to the shipping industry. Shipping costs have soared as container prices around the world continue to hit record highs. Port congestion continues to worsen around the world, and global supply chains are in crisis.
Sino-us airlines continue to be hot, with strong growth of cargo volume, a large number of goods influx, and cargo volume continued to rebound. Us ports are experiencing unprecedented traffic and congestion. Los Angeles and Long Beach have just become gridlocked, where the number of container ships waiting to dock outside the ports has reached a new high.
Us ports are full, with container congestion the worst since the outbreak
As of The evening of August 27, 44 container ships were berthed outside the ports of Los Angeles and Long Beach, Calif., breaking the previous record of 40 set in early February, according to Bloomberg data. The average wait time for ships is now rising to 7.6 days from 6.2 days in mid-August. At the same time, the US port trade is also affected by the deficit turnover is not good, the port of Los Angeles container import and export ratio has reached 5:1.
Ports on both sides of the US are experiencing record container volumes, making it harder for port personnel to handle them. Bloomberg reported that at least a dozen cargo ships were.
A flood of imported goods is pouring into U.S. ports, but the shipping bottlenecks are preventing them from moving quickly to distribution centers and warehouses. Labor shortages are part of the problem, as well as August and September, the peak season for outbound shipments from Asia, as U.S. companies struggle to stock up ahead of the year-end holidays, which begin in early October.
In addition, some importers who are particularly dependent on Asian goods are facing transportation disruptions due to the worsening pandemic in Asia.
Port congestion is expected to continue until 2022, according to a UBS research note. Massive congestion at ports leads to queuing and delayed shipping, crowding out and occupying a large amount of shipping capacity on major trade routes, and seriously dragging down shipping efficiency.
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