LA and Long Beach Ports to Charge Fees for Delayed Containers
To alleviate port congestion, the Ports of Los Angeles and Long Beach announced surcharges on lingering containers starting November 1st. The new rule aims to accelerate container turnover, but its effectiveness remains to be seen. The root cause of port congestion lies in the supply-demand imbalance, requiring systemic solutions. These include increasing throughput capacity, optimizing land transportation, and improving digitalization. Addressing these underlying issues is crucial for long-term improvement and stability within the supply chain.
