Los Angeles and Long Beach Ports Postpone Container Dwell Fee Indefinitely

Los Angeles and Long Beach Ports Postpone Container Dwell Fee Indefinitely

The ports of Los Angeles and Long Beach have once again delayed the implementation of container demurrage fees, highlighting the complexities of port congestion. Although not yet enforced, the threat of these fees has had a deterrent effect. The ports are actively working to alleviate congestion through measures such as extended operating hours and encouraging the use of nighttime gates. Addressing port congestion requires a multifaceted approach, including strengthening infrastructure, optimizing operational processes, and fostering international collaboration. This comprehensive strategy aims to improve efficiency and reduce bottlenecks in the supply chain.

01/19/2026 Logistics
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Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.