Container line schedule reliability plunges to 35.8% in 2021
Container line schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, marking a staggering drop from the pre-2020 levels.
Source: Container News
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
The port has launched operations of a new 100,000 tonnes-class large size container berth at the Jintang port area which will be 340 metres long and 59 metres wide. Source: Seatrade Maritime
The country’s testing rules, combined with a lack of test kits for transport workers, has skyrocketed staff shortages in container logistics, putting the sector under strain. Source: The Loadstar
The Port of Los Angeles handled a record 10.7m TEU in 2021, a year that was characterised by congestion and ever-growing queues of ships. Source: Seatrade Maritime
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February. Source: The Loadstar
A record 7.2m TEU was added to the global container equipment fleet last year, taking it to 50.5m TEU, driven by unprecedented demand from ocean carriers and logistics operators. Source: The Loadstar