Congested California Faces New Year Squeeze — Panjiva


Congested California Faces New Year Squeeze

China 1796 Corp - Ports 671 Mode - Containerized 1019 Mode - Seaborne 1288 U.S. 3370

The ports of Los Angeles and Long Beach are reportedly suffering congestion issues as a result of a pull-forward of imports from China to avoid tariffs and increased container-line service demands. Imports in November fell 5.1% on a year earlier after a 17.7% rise in October, indicating congestion may already be disrupting services. Looking ahead a delay in increased tariffs on Chinese exports to Mar. 1 from Jan. 1 may increase shipping volumes in February. Additionally the lunar new year is 11 days in 2019 is 11 days earlier than in 2018. On the basis of data for 2016 and 2011, when the...

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