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September to December is an important season for international trade. Everyone is very concerned about a maritime issue. Since the epidemic, various routes have seen congested ports and increased freight rates.
The United States in particular is currently facing an unprecedented shipping crisis. The congestion of containers at ports and railway stations continues to deteriorate, and there is almost no sign of relief. In response, the US Biden government even set up a working group specifically for supply chain issues, involving stakeholders to solve the bottleneck problem of the supply chain from the port to the entire inland distribution system.
Encouraged by the Biden administration, the Port of Long Beach in the United States has now decided to operate 24 hours a day from Monday to Thursday. The Port of Los Angeles still has no specific plan to extend its opening hours, but emphasizes that it will focus on improving operational efficiency in response to the surge in imports from important US trade portals.
Due to traffic congestion, according to statistics from Israeli freight company Freightos, the time required for a container to depart from China to its final destination in the United States has increased by 83%.
In the meantime, container freight rates continued to soar this week:
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