Cargo Ship Hold-up Off LA Nears 6-month Mark

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  • The average wait for L.A. berth space rises to eight days
  • Delays saddle importers with extra costs, supply complications

Ship congestion outside the biggest U.S. gateway for Asian imports remained elevated with the wait to offload containers lengthening to eight days, reports Bloomberg.

Added cost implications

The congestion has added costs and complications for companies trying to stay well-stocked in an accelerating economy.

A total of 28 container ships were anchored awaiting entry into the neighboring ports of Los Angeles and Long Beach, California, as of Sunday, compared with 26 a week earlier though still below a peak of 40 in early February, according to officials who monitor marine traffic in San Pedro Bay.

Another 16 are scheduled to arrive over the next three days, with seven of those expected to drop anchor and join the queue.

Triple delays

The average wait for berth space climbed to 8 days, compared with 7.9 days a week earlier, according to the L.A. port. That’s about triple the average delay in November.

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Source: Bloomberg