FMC Report on U.S. Port Congestion – The Federal Maritime Commission (FMC) released a report this week on U.S. Port Congestion. Below is an expert from the report citing chassis availability as a major issue.
The lack of chassis availability emerged, alongside dissatisfaction with inequitable application of demurrage and detention charges, as being by far the most pressing problem needing to be solved and, arguably, the biggest single cause of chronic congestion in many container terminals.
Read the report here from the FMC – U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges
Long Beach Port Volume Declines in June – Container traffic at the Port of Long Beach dropped 4.4% in June compared to the same month last year. The Port of Los Angeles experienced a similar decline of 3.7%. Despite this decline, the previous three months saw strong growth.
Read more from the JOC