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CARGO SHIPMENTS TROUBLES * USA: Ports of Los Angeles & Long Beach
* California - Los Angeles delays hit sales as No. 1 U.S. Port suffers
Los Angeles,CAL,USA -Bloomberg News, by Craig Giammona and Lynn Doan -Oct 27, 2014: -- After years of ending the holiday shopping season with too much merchandise stacked in their warehouses, U.S.A. retailers face the opposite this year: They may not have enough... Equipment shortages, labor negotiations and rail delays are slowing shipments from the Ports of Los Angeles and Long Beach, the nation’s biggest container hub, just as retailers are piling up goods for their most important period of the year. Cargo shipments through the two ports rose 3.1 percent in the third quarter, slower than the 4.3 percent gain a year earlier... Storage space at several of the Port of Los Angeles’ container terminals are 90 percent full as shipments wait to be trucked to customers, Phillip Sanfield, a spokesman for the harbor, said by telephone... A large part of the problem is the scarcity of chassis... Shipping lines have been exiting the costly business of maintaining and operating chassis in the last year and a half, and the operators that have taken over are still getting the hang of supplying enough chassis at the right time and place, Sanfield said... Target Corp., Costco Wholesale Corp., Home Depot Inc., Samsung Electronics Co. and Sears Holdings Inc.’s, Kmart chain were the top five importers, by weight, at the Los Angeles and Long Beach ports through Oct. 14 this year. The ports handled about 149 billion kilograms (328 billion pounds) of goods last year...
Labels: transport and logistics news
posted by Unknown @ 7:10 AM
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