California leases out container storage sites
The state government of California has moved to lease six off-dock properties, with a standing capacity of some 20,000 containers as part of a plan to ease congestion.
Source: The Loadstar
The Los Angeles Harbor Commission voted 5-0 to extend the container dwell fee programme meant to reduce congestion at the LA and LB ports until 29 April. Source: Seatrade Maritime
Online shopping for heavy and large delivery products like furniture, appliances, and wholesale electronics is growing more popular as people rush to e-commerce platforms for purchases. According to a Statista analysis, the global market volume for furniture and appliances in e-commerce was $383.2 billion in 2020. Small packages are easier to send than large delivery…
To promote the US exports and curb carriers’ power over bot container service and equipment fees charged to shippers, the U.S. Senate introduced a new, flexible version of the bill on Thursday. Source: Logistics Insider
Shipping containers move 95% of the worldwide cargo. The major shipping companies worldwide play a vital role in moving these cargoes across geographies. Shipping lines carry the responsibility of moving critical and essential goods across the globe; every economy is highly dependent on them. In America, maritime vessels account for 40% of U.S. international trade…
The recent Ningbo port congestion piled up more pressure on the already strained global supply chains and affected businesses adversely, especially in the US. This article looks at everything that led to the disruption and how shippers can mitigate the impact of such events in the future. The Ningbo Port in China’s Zhejiang Province was…
What are Demurrage Charges? Shipping lines either own or lease containers, which they give to their clients (shippers or traders) for secure and timely delivery of their merchandise. Because the cost of operating the container during door-to-door transportation is added to the shipment, shipping lines must turn their containers around as quickly as feasible. As…