1/Peak season over: Container-ship arrivals in Southern California fall
I am a always a big follower of @GMJournalist @FreightWaves, but this article does not lead me to think that peak season is over just yet.
freightwaves.com/?p=376003 via @FreightWaves
I am a always a big follower of @GMJournalist @FreightWaves, but this article does not lead me to think that peak season is over just yet.
freightwaves.com/?p=376003 via @FreightWaves
2/One of the points made is that imports have returned to 2018 and below 2020 levels.
However, I think this may be more of an indicator that the ports are slowing down their offloads as they are trying to clear out the terminals; as indicated by the dwell report.
However, I think this may be more of an indicator that the ports are slowing down their offloads as they are trying to clear out the terminals; as indicated by the dwell report.
3/@PortofLA & @portoflongbeach is reporting ship arrivals as down; but there are new ships holding out past 150 miles.
For example, CMA CGM Topaz is 350 miles off coast and STOPPED; showing a destination of LA for today. Yet, in the SIGNAL Port Optimizer, she is not listed.
For example, CMA CGM Topaz is 350 miles off coast and STOPPED; showing a destination of LA for today. Yet, in the SIGNAL Port Optimizer, she is not listed.
4/The article does highlight that it is taking 133% more time to get from anchorage/loitering to pierside - increasing to 18.4 days.
Add to this the all-time high of 86 container ships on Tuesday reported by @MXSOCAL; this does not indicate a slow down.
Add to this the all-time high of 86 container ships on Tuesday reported by @MXSOCAL; this does not indicate a slow down.
5/The most telling the story is the decrease in outbound empty containers. Seroka's comment that six sweepers have picked up 17,500 TEU & two others will grab 2,500, is a fraction of the 4.3M boxes exported so far this year. As @mattschrap noted, "Empties are the issue."
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