Its About To Get Much Worse: Supply Chains Implode As Price Doesn t Even Matter Anymore

The number of container ships stuck at anchor off Los Angeles and Long Beach is down to around 20 per day, from 30 a few months ago. Does this mean the capacity crunch in the transPacific market is finally easing Absolutely not, warned Nerijus Poskus, vice president of global ocean at freight forwarder Flexport. Its not getting better. Its getting worse, he told American Shipper in an interview on Monday. What Im seeing is unprecedented. We are seeing a tsunami of freight, he reported. Learn More: