More pressure on transpacific rates as carriers bet on a China-US trade deal
Mainline operators are pushing for higher transpacific rates in May, betting on a trade deal ...
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This year has been something of a rollercoaster ride for the Californian port of Long Beach.
Throughput dipped 6.9% in the first half, to rebound at a double-digit clip in the following months to a record-setting 806,603 teu handled in October.
And, like the nearby port of Los Angeles, Long Beach has struggled with the surge of imports, which exceeded predictions.
The situation was exacerbated by shortages of chassis and export containers, as well as restrictions imposed by the pandemic.
Overall, though, Long Beach ...
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