Why Are US Ports Still Congested in 2022?
What’s Going on With Shipping?
July 8, 2022
In this episode, Sal Mercogliano – former merchant mariner and maritime historian – examines the congestion situation facing US ports in the latter half of 2022 and compares it to the situation that the nation faced in the second half of last year. Many issues are at play, with a looming economic recession, uncertainity about COVID and the style of economy that we are transitioning into; the energy crisis; the potential of a West Coast port strike or lockdown; and the shift of cargo from Los Angeles/Long Beach to the East and Gulf Coasts via neo-Panamax and Suezmax containerships. All of this spells the potential for massive congestion in US ports again.
#supplychain #container #recession
00:00 Introduction
01:10 News Articles
05:06 Situation as of mid-2022
08:22 Difference between 2022 versus 2021
10:10 Port of Los Angeles
18:21 Factors impacting Port Congestion Today
21:45 Conclusion
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Freightos Data
https://fbx.freightos.com/
Drewry: Beginning of the End for Container Shipping’s Bull Run
https://gcaptain.com/drewry-beginning-of-the-end-for-container-shippings-bull-run/
Win streak continues: Container lines just posted more record results
https://www.freightwaves.com/news/win-streak-continues-container-lines-just-posted-more-record-results
U.S.-Listed Shipping Stocks Fall Ahead Of Federal Reserve Meeting
https://gcaptain.com/shipping-stocks-fall-ahead-of-federal-reserve-meeting/
California ports piling up again: Too many containers sitting too long
https://www.freightwaves.com/news/california-ports-piling-up-again-with-long-dwelling-import-containers
Boom times not over yet: US container ports still near highs
https://www.freightwaves.com/news/boom-times-not-over-yet-us-container-ports-still-near-highs
Boxport congestion spreads across the globe again
https://splash247.com/boxport-congestion-spreads-across-the-globe-again/
Report: American Ports Top the List for D&D Fees Worldwide
https://www.maritime-executive.com/article/report-american-ports-top-the-list-for-d-d-fees-worldwide
US outbound container volume drops for 12th month straight
https://www.seatrade-maritime.com/containers/us-outbound-container-volume-drops-12th-month-straight
Port of Los Angeles
https://www.portoflosangeles.org/
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