The ship congestion in the Port of Los Angeles has eased, but the freight from Asia to the United States is still rising

 Since the 2020 epidemic, due to the outbreak of the dockers and the strengthening of the Data to Drag prevention and control policy for ship berthing, and the superimposition of the US government's epidemic subsidies, domestic consumption has increased significantly. Due to several major factors, the US West Coast ports have been deeply affected. Sinking and blocking the quagmire. During the worst period of congestion, more than 300 ships lined up outside the port.
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 For example, the port of Los Angeles and Long Beach, the busiest ports in the United States for trade with Asia, has not resolved the problem of ship jams since November last year until now. While some shipping rates have reached record highs, US imports have continued to rise. At present, the number of freighters waiting to enter the Port of Los Angeles and Long Beach is maintained at around 20 ships per day. There were 19 ships on May 10 and 22 ships a week ago.

 The ship congestion in the Port of Los Angeles has eased, but the freight from Asia to the United States is still rising

According to the Port of Los Angeles, another 15 container ships will arrive in the next three days, 11 of which will join the queue. According to the Port of Los Angeles, the average waiting time for a berth is 6.6 days, which is more than one day shorter than in March. In April, 65% of arriving freighters must directly anchor in the open sea and line up.

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 Although the port congestion has eased, the bottleneck of land transportation after container ships arrives is still serious. The average number of days a container stays in the terminal area in April is 3.9 days, the same as in March. The waiting time for transshipment by rail was 7.5 days in April, which was less than the 11 days in March.
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 Shipping freight rates from Asia to the United States remained stable at close to historical highs in the first quarter. According to the Drewry World Container Freight Index, freight rates are now starting to rise again, especially for the East Coast freight rate, where the freight rate per 40-foot TEU exceeded US$7,000. .

 According to the latest week of Far East-US East freight rates announced on May 7, the freight rate per 40-foot TEU soared to US$7,036, an increase of US$617, or 9.6%.

 Last year, the industry was in an uproar when it rushed for US$5,000. This year, the freight rate has risen even more than US$7,000. The 20-foot TEU on the Far East-Europe line has also risen to US$4,678.

 On the east coast of North America, shipping from Southeast Asia is currently $450/FEU cheaper than from North Asia. In April, the freight from Southeast Asia to the east coast of North America was higher than the freight from North Asia to the east coast of North America, about $100-$150 / FEU. In March, the spread reached a peak of $250/FEU.
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