Logjam at U.S. Ports Likely Extending Far Into 2022
Congestion has been worst at the neighboring ports of Los Angeles and Long Beach, which account for more than a third of all U.S. seaborne imports. Forty or more ships have been waiting at anchor off the coast there on any given day in recent weeks. “I don’t see substantial mitigation with regard to the congestion that the major container ports are experiencing. Many people believe it’s going to continue through the summer of 2022.” Read more here.