Posted on 04/28/2021 2:20:07 PM PDT by Roman_War_Criminal
The number of container ships stuck at anchor off Los Angeles and Long Beach is down to around 20 per day, from 30 a few months ago. Does this mean the capacity crunch in the trans-Pacific market is finally easing? Absolutely not, warned Nerijus Poskus, vice president of global ocean at freight forwarder Flexport. “It’s not getting better. It’s getting worse,” he told American Shipper in an interview on Monday.
“What I’m seeing is unprecedented. We are seeing a tsunami of freight,” he reported.
“For the month of May, everything on the trans-Pacific is basically sold out. We had one client who needed something loaded in May that was extremely urgent and who was ready to pay $15,000 per container. I couldn’t get it loaded — and we are a growing company that ships a lot of TEUs [twenty-foot equivalent units]. Price doesn’t always even matter anymore.”
Poskus said that trans-Pacific import volumes are still rising. He noted that January trans-Pacific imports were up 10% versus 2019 (comparisons to 2020 numbers are skewed by COVID) and 13.5% in February, then jumped 51% in March. “So, we’re now at 1.5 times pre-pandemic levels.”
(Excerpt) Read more at freightwaves.com ...
If the “real” CIA was still in operation, we could use, secretly, proven techniques to retrieve the thousands of containers at the bottoms of oceans...
At least, this time, we won’t have to worry about nukes and the containers should not break in half during the lifting process...
I was just back visiting (on work assignment in NW FL now) my home in LB and it is a pretty impressive site to see 30 plus large ships waiting to get into the harbor.
Just for illustration, if the Evergreen ship that blocked the Suez Canal were fully loaded with 20’ containers the liner distance of those containers placed end on end would stretch for 90 miles. That is a lot of cargo and no wonder China captured the US market for every kind of crap imaginable.
The port of Savannah, I was on a full day fishing excursion 2 weeks ago, had by my count 42 container ships anchored. The captain of the boat we rented said they’d been out there for at least 2 weeks.
Longshoreman strike in 3, 2, 1....
I hope they are full of containers of ammunition and lumber!
Wonder which have nukes in them. But, not my concern, don’t do nuke anymore.
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