Montreal
• Yard utilization remains high
• Light congestion due to delayed vessels
Halifax
• All terminals are operating normally
• Vessel berth wait time is 1 – 2 days
• Rail dwell time is averaging 5 – 8 days
Prince Rupert
• Vessel berth wait time is averaging 2 – 5 days
• Yard utilization is at 104%…
Chinese New Year, also known as the Lunar New Year, is the most important of the traditional Chinese holidays. In addition to China, LNY is also celebrated in Hong Kong, Taiwan, Korea, Vietnam, and Indonesia; it consists of a period of celebrations, starting on New Year’s Day, as well as on the first day of the first month of …
Volumes at the ports of Los Angeles and Long Beach deteriorated even further, with no rebound expected until the second quarter of next year — possibly even the second half.
The Port of Los Angeles had 11 “blanked” sailings in December 13 in November, following 20 in October. “We haven’t seen numbers like those since the start of the …
November imports fell 12% versus October, 19.4% year on year
The situation remains far from normal at some U.S. ports. There were still 18 container ships at anchor waiting for a berth in Savannah, Georgia, on Monday 2nd January. But for the country overall, weakening inbound cargo volumes are bringing imports close to where they were before the pandemic-induced …
The traffic jam of container ships stuck waiting off U.S. ports reached an epic peak as this year began. There were 109 container vessels waiting off Los Angeles/Long Beach on Jan. 9, 2022, with around 150 waiting off all U.S. ports combined.
Shipping spot rates eased from stratospheric 2021 highs but remained exceptionally strong in the first quarter, buoyed …
The city of Chicago has threatened to revoke the licenses of contractors that process cargo for airlines at O’Hare airport if they don’t open to union organizers, putting two-thirds of cargo traffic at this major international hub at risk of being stranded and stressing supply chains for an undetermined period.
Cargo airline executives warn it could take months to …
Montreal
• Yard utilization remains high
• Light congestion due to delayed vessels
Halifax
• All terminals are operating normally
• Vessel berth wait time is 1 – 2 days
• Rail dwell time is averaging 5 – 8 days
Prince Rupert
• Vessel berth wait time is averaging 2 – 5 days
• Yard utilization is at 104%…
Chinese New Year, also known as the Lunar New Year, is the most important of the traditional Chinese holidays. In addition to China, LNY is also celebrated in Hong Kong, Taiwan, Korea, Vietnam, and Indonesia; it consists of a period of celebrations, starting on New Year’s Day, as well as on the first day of the first month of the …
THE Alliance – whose members include carriers Hapag-Lloyd, Ocean Network Express (ONE), Hyundai Merchant Marine (HMM), and Yang Ming – said one of the key highlights will be the deployment of larger newbuild ships to the Asia and North Europe trade. The enhanced service setup will enter into effect from April 2023.
A modern series of fuel-efficient 23,500+ TEU vessels …
Freefalling spot rates that dominated the eastbound trans-Pacific trade in October and November appear to have bottomed out in December, and carrier and shipper sources expect rates to move in a narrow range for the next several months.
Carrier, forwarder, and shipper executives told the Journal of Commerce this week there will be no pre-Lunar Year bump in rates in …