Update: $26B Worth of Cargo Stuck on Container Ships Off California

The following appears on freightwaves.com 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 … Continue reading Update: $26B Worth of Cargo Stuck on Container Ships Off California