News / Time running out fast for US retailers to get the goodies to fill Santa's sack

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The clock is ticking for North American retailers wanting to bring in merchandise from Asia by ocean carrier for the annual seasonal consumer frenzy.

According to Freightos, door-to-door transit times from China to the US via west coast ports have stretched to 71 days, up from 40 days two years ago.

And the congestion is worsening: by the end of last week, there were 65 ships at anchor in San Pedro Bay waiting for berth space at the ports of Los Angeles ...