As unseasonably high demand continues to push container volumes and spot rates to record highs, a new round of stimulus checks may only further strain trans-Pacific trade congestion. With carriers cracking down on MQCs and free time allocations, the pressure is especially on for shippers scrambling to adjust their supply chain processes in light of upcoming service contract negotiations.
Given that these conditions are likely here to stay a lot longer than initially expected, many are urging companies to give the ports of Los Angeles and Long Beach a much-needed break by promoting alternative U.S. gateways. To learn more, check out the following key highlights of this week’s top international shipping industry stories: