Big ports do better as shipping comes off the peak but not off the boil — Panjiva
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Big ports do better as shipping comes off the peak but not off the boil

Corp - Ports 880 Mode - Containerized 1468 Mode - Seaborne 1801 U.S. 5317

The Port of Long Beach is prioritizing dual bookings, where trucks both deliver and take away containers, to better manage continued port congestion. The start of the off-peak shipping season may not bring much relief. While shipments to the port declined by 9.5% in November versus October, that’s only inline with the five year average of 6.5% and the year over year growth of 16.0% was still significant. Neighboring Los Angeles likely saw even faster growth on a year over year basis with a 25.8% expansion in November while New York and Newark volumes rose by 30.8%. That likely means the ...

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