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Containers waiting capacity to unload reached 320,000 on the West Coast on Monday, while 255,000 waited off the East Coast, according to Marine Traffic. By Wednesday, the number of containers ...
In the company's latest video, a humanoid robot can be seen walking and crouching while it performs various tasks.
Right now, around 57 container ships are lingering outside the Port of Los Angeles—the largest port in the US—desperate to unload their cargo and move on. As the delays stretch on for weeks ...
Cargo ships are seen loading and unloading containers at the fully automated terminal of Qingdao Port in Qingdao, Shandong province, China, on August 7, 2024. Costfoto/NurPhoto via Getty Images ...
Los Angeles’s and Long Beach’s docking ports have been consistently packed despite a recently passed edict from the White House ordering the ports to unload container ships 24/7.
However, it is not clear what data the union is using. The Freightos Baltic Container Index, which tracks the cost of shipping 40-foot containers on 12 global trade routes, is up 83% this year.
Chicago’s truck and rail backups aren’t as visible as Chinese container ships waiting to unload in Los Angeles. But they’re both menacing reminders of the world’s wobbly supply chains.
A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.
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