Container ship queues finally clear
h/t Infamous_Sympathy_91
container
Container shipping rates continue to fall…
by Infamous_Sympathy_91
The reason your AMAZON order is delayed: 15 container ships carrying tons of essential goods are forced to drop anchor off California coast as Port of Oakland truckers go on strike (and it could last months)
by Boo_Randy Heckova job sorting out that supply chain mess, Pete Buttplug. https://www.dailymail.co.uk/news/article-11035699/Trucker-strike-Port-Oakland-15-container-ships-waiting-dock-four-day-closure.html New photos show the growing number of ships waiting offshore as a trucker strike disrupts operations at the Port of Oakland in California. The largest marine terminal …
Shipping Container Shortage Push Supply Chains To A Breaking Point As Freight Rates Soar 150%
https://www.youtube.com/watch?v=2lMQKOyxh6w Supply chain problems are getting dramatically worse, aggravated by persistent port congestion and shipping delays, as well as a growing imbalance between container demand and available capacity. To make things worse, businesses are already facing another spike in shipping …
Something big is coming in my opinion. One in five container ships is now stuck at ports worldwide, with 30% of the backlog coming from China
https://twitter.com/WallStreetSilv/status/1517947024695513089
Container Dwelling Fee Moratorium Ends Today
by Martin Armstrong The Ports of Los Angeles and Long Beach, the two most active ports in the US, will resume container dwelling fees as of today. The moratorium went into effect on October 25 as the California ports became a crowded …
Demand, Shortages Continue to Pressure Prices… Container-Ship Backlog Moves Further Out to Sea…
The Biden administration and maritime officials have sought to reduce the backlog with measures that included an attempt to extend the hours truckers pick up boxes. The measures have had limited impact, in part because of shortages of workers, trucking …
Container Shortage Triggers Freight Rate Spike Of 300 Percent As Port Congestion Worsens Worldwide
Freight rates have fallen slightly in October, making some believe that the worst of the shipping crisis was over. Unfortunately, that hopeful perception didn’t last more than a couple of weeks because last week freight rates rapidly spiked to a …
Shipping Container Price Surge Will Result in Increased Prices on Consumer Goods
by Martin Armstrong The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to the global shipping crisis. Inflation, fuel increases, and labor shortages …
FYI Container costs just jumped from $2500 to $25000…
https://medium.com/@ryan79z28/im-a-twenty-year-truck-driver-i-will-tell-you-why-america-s-shipping-crisis-will-not-end-bbe0ebac6a91 What is going to compel the shippers and carriers to invest in the needed infrastructure? The owners of these companies can theoretically not change anything and their business will still be at full capacity because of the backlog …
A Record 111 Container Ships Anchored Off Southern California As Congestion Crisis Worsens
The Biden administration could be at the point where they might want to consider calling in the National Guard, or at least via a proxy, having governors deploy Guardsmen to address the mounting supply chain crisis at ports. President Biden’s …
MAJOR CRISIS – SHIPPING CONTAINER LOST SHIPS ON FIRE – MAJOR SUPPLY STANDSTILL SOS
Hundreds of container ships stuck as global bottlenecks grow. Ports remain the most visible sign of the crisis. The report today on the waiting game at operations from Los Angeles to Shanghai, with nearly 600 container ships around the world …
A Record $22 Billion Worth Of Cargo Is Now Stuck On Container Ships Off California
There was fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore dipped to the low 60s and high 50s from a record high of 73 on Sept. 19, trans-Pacific spot rates plateaued, …
Shipping Costs Surge: $17,000 to Ship Container to California from Asia, Up from $3,800 in 2020
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos. Freightos also revealed that shipping …
100 container ships are sitting off the Port of Los Angeles – lined 50 miles south all the way to Dana Point Harbor. Is anyone talking about this
100 container ships are sitting off the Port of Los Angeles – lined 50 miles south all the way to Dana Point Harbor. Is anyone talking about this? pic.twitter.com/g8YbozIF4A — Don Johnson (@DonMiami3) October 2, 2021
Busiest U.S. port at Long Beach announces – will operate 24/7 to process backlog of container ships offshore
Port Director Mario Cordero 6-minute interview on Fox TV. They appear to be getting serious about relieving the backlog of container ships stretching out into the ocean. h/t GreatWhiteDope
China opens new container shipping port in Israel
Israel Opens First New Port in 60 Years, Built by China’s SIPG (Yicai Global) Sept. 3 — Operations have begun at a new automated container port built and run by Shanghai International Port Group in Haifa, Israel. It is the …
It’s Chaos Out There – Shipping Crisis Aggravate As 44 Container Ships Stuck Off Coast Of California
Port congestion continues to intensify the global supply chain crisis as hundreds of container ships that should be transporting goods around the world are waiting to unload outside key ports for global trade. The situation in the U.S. is particularly …
CHINA: More Container Ports Shutdown Due To Typhoon…
Typhoon In-Fa Hits China's East Coast, Forcing Container Ports To Close https://t.co/bqpSfrRClF — zerohedge (@zerohedge) July 26, 2021 On Saturday, Yangshan Port in Shanghai moved containerships and secured containers on land ahead of the storm. Yangshan Port is a deep-water …
Container Shipping Shortage Triggers Freight Rate Spike Of 500 Percent: The Worst Is Still Ahead
The global shipping industry is facing the worst crisis in the history of container freight – and a massive wave of disruptions is ahead. According to the big boss of a major logistics business, Rob Lewis, the operations director of …
Container Ship Operators Are on a Tear as Freight Rates Skyrocket
by Frank Holmes, CEO, U.S. Global Investors For the past 20 years, the Port of Los Angeles has been the busiest seaport in the Western Hemisphere, responsible for exporting commodities such as soybeans and raw cotton and importing everything from …
Global 40 ft shipping container rates so far don’t support 2h19 rebound story
global 40 ft shipping container rates so far don't support 2h19 rebound story pic.twitter.com/SHvUawcZzu — Alastair (@StockBoardAsset) April 21, 2019 probably not a good thing pic.twitter.com/aOUIRhrg2h — Alastair (@StockBoardAsset) April 20, 2019 can't ignore what's happening to the auto industry …
A Perfect Storm Is Developing Over Container Shipping
via Zerohedge: The slowdown in global trade began many quarters before the Trump administration launched a trade war with China last May. The primary cause of the downturn is sharp declines in intra-Asian trade – mostly due to China’s deteriorating economy. While equity markets around the world …
What happens When You Bury a Shipping Container, a Cautionary Tale – Burying the Box, SHTF Shipping Container Tips
via PJ As a child my first concept of prepping was a basement in a large log cabin sort of house in which lived some friends of our family. The stairs in the house were wooden and unfinished, the type you …
Overcapacity Haunts Container Carriers Despite the Hanjin Bankruptcy
Companies splurge on the largest container ships, consolidation rages, no one wants to back off. By MC01, a frequent commenter on WOLF STREET: In August 2016, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy protection. It …
China Expandable container house in 10 minutes one house!
https://youtu.be/l65jDb_Vncc China Expandable container house 10 minutes one house!