What a Difference One Year Makes
Last year at this time the Christmas shipping season was booming and the backlog off the ports of Los Angeles and Long Beach was a top story. Container ships waited a week or more to find an open terminal to offload containers and importers waited anxiously for their cargo to arrive.
At this moment there are NO, not one, container ship waiting to unload cargo in LA/Long Beach port. While part of the reason is the huge drop off in import container volumes another factor is the shifting of containers to East Coast ports. Currently the Savannah port is seeing ships waiting at anchor for open terminal space and other East Coast ports are experiencing delays as well.
Will the move to East Coast ports remain a big part of 2023 container shipping and if so will those ports be able to efficiently process the increased volumes? Time will tell.
Read the full article HERE.