04 Dec Record imports see rail dwells hit two-year high
The combination of record September import levels, strike diversions and continued Red Sea disruptions has resulted in congestion and extended dwell times of up to an average of 9.25 days at Los Angeles and Long Beach, the highest since 14.2 days in October 2022.
With only a short period of time remaining in the peak shipping season, it is anticipated that imports will slow down throughout November. This is reflected in the consistently downward trend of US imports from Asia over these past few months of 1.76 million TEUs in July, to 1.74 million TEUs in August and 1.72 million TEUs in September.
This is further supported by the fact that November is usually a slow month in the eastbound trans-Pacific due to the fact that the majority of holiday merchandise has already reached ports by late October in preparation for the Black Friday sales.
However, whilst this should prove to be the case, if the contract negotiations between the International Longshoremen’s Association (ILA) and East and Gulf coast employers continue unresolved throughout November and December, the Los Angeles-Long Beach could capture a higher share of total US imports from Asia.
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