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There was a huge backlog at the Port of Los Angeles in 2020 due to COVID labour constraints, ships were waiting weeks to dock and containers were piling up at t
by angry_octet 6y ago
There was a huge backlog at the Port of Los Angeles in 2020 due to COVID labour constraints, ships were waiting weeks to dock and containers were piling up at the railhead. Now they have workforce constraints and a trade imbalance.
Perhaps the freight industry has long term contract rates which assume bidirectional flow, and they can't operate economically without essentially doubling rates, so they constrain capacity.
https://www.maritime-executive.com/article/los-angeles-addresses-backlog-and-diverts-ships-as-volumes-rise https://www.maritime-executive.com/article/los-angeles-addre...