AndronETalksNews
Freight Waves
By Greg Miller, Senior Editor Follow on TwitterWednesday, October 20, 2021
There was fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore dipped to the low 60s and high 50s from a record high of 73 on Sept. 19, trans-Pacific spot rates plateaued, the Biden administration unveiled aspirations for 24/7 port ops, and electricity shortages curbed Chinese factory output.
The reality is that the port congestion crisis in Southern California is not getting any better.
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