Unfortunately, we are not finished talking about the mayhem that is international logistics because we are still in the midst of it.
Ships are full and are expected to be so until after the pre-Chinese New Year push. The full ships have led to shortages of space, containers, chassis and labor. As a result, ships are piling up outside the ports of Los Angeles, Long Beach and Oakland awaiting berthing space. And, once you can get your import on US soil, the turn times to transact containers at the marine terminals are getting longer and longer.
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Exporters are struggling with declined or canceled bookings by ocean carriers who prefer to quickly get containers and ships back to Asia. They are coping with vessel delays and the ever-changing first and last receiving days. They are also plagued with equipment shortages. And, of course, long terminal turn times.
Are we having fun yet?