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Getbig Main Boards => General Topics => Topic started by: IroNat on September 27, 2021, 08:41:22 AM

Title: The largest port in the US hit a new ship-backlog record
Post by: IroNat on September 27, 2021, 08:41:22 AM

https://www.businessinsider.com/largest-us-port-breaks-multiple-record-cargo-ships-import-delays-2021-9

"Freightos told Bloomberg that the average time it takes for an ocean freight to go door-to-door has increased 43% over the past year, from 50 days to 71.5 days.

At the same time, shipping costs have skyrocketed. Last week, Judah Levine, the head of research at Freightos, told Insider that the price for transporting a 40-foot container between the US and Asia jumped 500% from this time last year to $20,586."

Title: Re: The largest port in the US hit a new ship-backlog record
Post by: Humble Narcissist on October 20, 2021, 09:38:53 AM

It's much worse today.