FutureTrans is following this story and other related news as pressure is mounting at US docks to process goods arriving and shipping out. Many cargo ships are floating in wait as our country begins to open up post COVID as freight processing and transport continues to ramp up. READ MORE: (link to full article) – source BusinessInsider.com
Excerpt from post: A supply-chain crisis is quietly brewing off the coast of Southern California as massive freighters wait for dock space to open up. California ports in Los Angeles and Long Beach account for about one-third of US imports. These ports operate as a primary source of imports from China and have been heavily congested for months. The Southern California ports are facing more congestion than ever, Kip Louttit, executive director of the Marine Exchange of Southern California, told Insider. “Part of the problem is the ships are double or triple the size of the ships we were seeing 10 or 15 years ago,” Louttit told Insider. “They take longer to unload. You need more trucks, more trains, more warehouses to put the cargo.” The ships carry millions of dollars’ worth of popular imports, including furniture, auto parts, clothes, electronics, and plastics, according to data from the Port of Los Angeles. Supplies of these materials could be heavily depleted in the US due to the backlog of ships.
As a freight broker or direct shipper now more than ever you need to have the ability to evaluate freight bids from all of your carriers. FutureTrans displays all bid pricing on one dashboard. Here is an example of the pricing disparity we have observed in the market.
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