The Port of Long Beach will increase its annual throughput capacity by 1 million TEU in December when Long Beach Container Terminal opens a third vessel berth.
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Delays Expected to Continue Past Holiday Shipping Season
Delays in shipments could extend through the holiday season and into next year due to a stressed supply chain, experts warned.
Canadian Pacific Railway Starts Bond Sale for KC Southern Deal
Canadian Pacific Railway Ltd. is tapping the U.S. investment-grade bond market to help fund its acquisition of Kansas City Southern.
California Boosts Truck Weight Limits to 88,000 Pounds to Ease Port Snarls
California will increase weight limits for trucks carrying goods in and out of its ports in an effort to ease supply chain bottlenecks and clear containers off the docks of Los Angeles and Long Beach.
US sees near-record imports from Asia despite huge volumes stranded at sea
Although US imports from Asia were down 2.4 percent in October year over year, it was the third-busiest month ever for containerized imports from Asia.
3PLs riding high on shipper demand, new investment
Third-party logistics providers (3PLs) are diversifying, acquiring and mixing services, as supply chain disruption pushes more shippers toward aggregators of capacity and capabilities.
End of supply chain crisis could come sooner than expected: analyst
Larry Gross, president and founder, Gross Transportation Consulting, and JOC analyst | Nov 16, 2021 10:40AM EST The current supply chain crisis will come to an end at some point, and that end could be sooner and sharper than we think, writes JOC analyst Larry Gross.
Freight volumes ‘capacity-constrained’ in October, rates surge further
Cass’ freight expenditures index sees acceleration in growth rate, up 37% year-over-year
Home Depot Sales Gain Shows Americans Keep Fixing Up Houses
Home Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.
LA-LB ports delay new container dwell fee, citing progress
The ports of Los Angeles and Long Beach have delayed by one week implementation of costly emergency fees on long-dwell containers as retailers rush to vacate those containers from the docks.