Sunday, October 31, 2021

Carriers must move 60K containers out of LA/LB by Halloween

A total of 60,000 containers have been marked as beyond the dwell time and need to be moved out of the ports of Los Angeles and Long Beach by the carriers or the penalties will start racking up.

A total of 33,000 containers need to be rolled out of the Port of Los Angeles and 27,000 loaded containers for the Port of Long Beach - a whopping $2,633,940,000 value in trade.

Carriers were put on notice this week when the ports announced that, starting next Monday, a daily surcharge of $100 per container will be levied.

Did this light a fire and a surge of containers being moved? No. The pace of trade moving out of the ports could be characterized as more of a pregnant pause than a surge.

"This is roughly 40% of all containers sitting on the terminals today," he said.

"Pulling all of these containers by Sunday will take an unprecedented coordinated effort but it must be done."

Hacegaba added, "We are using every tool at our disposal to move containers."
 

https://www.freightwaves.com/news/carriers-must-move-60k-containers-out-of-la-lb-by-halloween 

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