Aug. 13, 2022 - Port of Los Angeles Executive Director Gene Serokajoins Dan Ronan for a supply chain update on Transport Topics Radio, as heard on SiriusXM's"Road Dog Trucking," Channel 146. "We believe that the demand for ocean freight on the East Coast will continue to be strong, and the market will continue to look for ways to serve this demand," said Larry. Do you have any other free tools apart from port congestion/port delay? According to research by Texas A&M, 80% of shippers usually overpay for their freight. Live tracking of 200000+ shipments/month from 350+ carriers on our platform, Provides position of Shipment tracked over time, Gocomet's proprietary Machine Learning algorithm tracks delays at each port over time, AI calculates congestion as the difference of actual arrivals on port & planned arrival schedules from carriers, This index helps foresee delays and bring efficiency to your Supply Chain. We believe there are a lot of opportunities out there," Larry said. What milestones are taken in account for calculating port congestion data? Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. 2023 CNBC LLC. Dec. 16, 2022 - The San Pedro Bay ports of Long Beach and Los Angeles will phase out the option to collect a Container Dwell Fee on Jan. 24, 2023. Feb. 3, 2022 -In this video, Port of Los Angeles employees discuss the importance of acknowledging Black history, shining a light on its legacy and continued impact on history-in-the-making within the City of Los Angeles. Major U.S. ports were forecast to handle the equivalent of some 2.37 million imported containers in August, according to the Global Port Tracker report produced by Hackett Associates for the National Retail Federation. "The market has accepted this program," Larry said. In order to get custom post congestion reports for your team or customers, you can click here and contact our solutions expert. Feb. 23, 2023 - The Port of Los Angeles has released a Notice of Preparation/Initial Study (NOP/IS) of a Draft Environmental Impact Report for the Berths 148-151 (Phillips 66) Marine Oil Terminal and Wharf Improvement Project, located at the foot of A Street in Wilmington. That means moving containers out of the port is taking too long. The containers would then be loaded onto a UP railcar in Chicago bound for the West Coast. ), Oct. 24, 2022 - "East and Gulf Coast ports are seeing more cargo based on the perception of this contract negotiation, Port of Los Angeles Executive Director Serokasaid in an interview at Bloombergs New York headquarters Monday. Yes! Also on the horizon causing some concerns from importers for disruption are contract negotiations talks are set to begin May 12 between the Pacific Maritime Association and the International Longshore and Warehouse Union. PUBLISHED: April 12, 2022 at 3:21 p.m. | UPDATED: April 15, 2022 at 12:55 p.m. Concern is growing again that longer cargo dwell times could mean a return of port April 22, 2022 - As part of ongoing efforts to promote a deeper understanding of the diverse habitats of Los Angeles Harbor, the Port of Los Angeles has unveiled an educational website showcasing the abundant marine life thriving above and below Port waterways. It is not just the impact of having more drivers show up at your terminal to move containers efficiently. Feb. 8, 2023 - The Port of Los Angeles is asking local stakeholders to once again provide their input at a Community Workshop on Feb. 23 that will focus on how to better link the larger region, San Pedro and its neighborhoods to the LA Waterfronts many areas and attractions. Robinson Worldwide Inc. This also helps reduce carbon in those markets because fewer trucks are on the road.". With live updates on the exact location and movement of shipments via advanced track and trace technology, companies will be able to address possible bottlenecks and optimize shipment planning. Nov. 15, 2022 -Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 Twenty-Foot Equivalent Units (TEUs), a 25% decrease from October 2021. Video courtesy of CNBC. Negotiations began 05/10/2022 June 8, 2022 -The Los Angeles Board of Harbor Commissioners has adopted a $1.9 billion budget for Fiscal Year (FY) 2022/23. Aug.26, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for four weeks, until Sept. 23. The April 12, 2022 -The Port of Los Angeles processed 958,674 Twenty-Foot Equivalent Units (TEUs) in March, its third consecutive monthly cargo record. A triangular rail junction is an important part of any railway network, and improvements to such a junction can have significant benefits for the transportation of goods. Or, you can follow the Freightos Baltic Index to track rates on a variety of lanes. May 17, 2022 -The Port of Los Angeles handled 887,357 Twenty-Foot Equivalent Units (TEUs), the second-best April in its 115-year history. That hasnt happened, says Gene Seroka, the executive director of the Port of Los Angeles, Americas biggest port by container volume. WebU.S. Its a frustration that Chief Executive of the port of Los Angeles, Gene Seroka, understands quite well. 2501 Cherry Ave., Ste. The current project involves the construction of new tracks and enhancements to a triangular rail junction, which will enable long trains to be turned and staged more efficiently. Thats really what will inform the duration of what we are seeing on the ground today, he said. This enables us to give accurate port congestion data as opposed to historic coverage given by other data providers in the market. The port is a major gateway for US-Asian trade and is often congested due to various global supply chain crises. Feb. 8, 2023 The ports of Los Angeles and Long Beach have released a final report on the current state and overall feasibility of using clean, heavy-duty drayage truck technology throughout the San Pedro Bay port complex. Another innovation Norfolk Southern is using to drive more balance between imports and exports is its Dual Mission rewards program, which incentivizes truckers to drop off and pick up containers in one trip. April 8, 2022 - Fitch Ratings has affirmed the Port of Los Angeles' revenue bonds at 'AA'. May 19, 2022 -When China started locking down massive port cities like Shanghai and Shenzhen to prevent the spread of COVID-19, fears mounted that maritime supply chain disruptions would get even worse. Sam Ruda, Terminal operators in Los Angeles-Long Beach believe they have turned the corner on unprecedented congestion issues that have plagued the port complex for the past two years, but they say cargo flow will not improve significantly in the first half of 2022. Jan. 31, 2023 The Port of Los Angeles is inviting comments on a draft Request for Proposals (RFP) for the future development of a new Outer Harbor Cruise Terminal and redevelopment of the existing World Cruise Center on the LA Waterfront. Hundreds of thousands of containers are stuck aboard container ships waiting for a berth or stacked up at terminals waiting to be moved by truck or rail to inland terminals, warehouses and distribution centers. The port connects to 217 seaports globally and supports 175 shipping lines. The containership backup at the ports of Los Angeles and Long Beach stood at 50 as of Thursday, down from a peak of 109 on January 9, 2022, according to the As the congestion continues at the ports of LA and LB, an agreement was struck and is part of the ongoing effort to reduce the number of containers lingering at Looking for live quotes from vetted providers?Compare rates in seconds. Of the 89 total ships, 32 are container ships including 3 at anchor or loitering and 29 at berth. May 27, 2022 - Port of Los Angeles Executive Director Gene Serokaprovides an update on container dwell time and cargo throughput to CNBC's Martin Soong on Squawk Box Asia. Is that possible? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Please log in below to view the rest of this page. Many vessels are anchored for two weeks waiting to be unloaded. March 24, 2022 - In this video, female Port employees and a commissioner share their unique stories and discuss what their hopes are for future generations following in their footsteps. July 22, 2022 - Port of Los Angeles Executive Director Gene Serokadiscusses cybersecurity and the supply chain with Sam Fenwick on World Business Report, BBC World Service. You can click on the "Sign in" option at the top of this page and then scroll down the login form that opens and click on "sign up" displayed at the bottom. The global supply chain trends are a result of the quickly developing logistics industry and keeping up with the current era’s rapid technological breakthroughs. Dec. 14, 2022 -Cargo volume remained soft at the Port of Los Angeles in November as the Port handled 639,344 Twenty-Foot Equivalent Units (TEUs), a 21% decrease from November 2021. Port leaders, such as July 22, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for another week, this time until July 29. Ports have emerged as one of many bottlenecks in global supply chains as ships fill up with boxes carrying electronics, home furnishings, holiday decorations and other goods. Jan. 11, 2023 -Port of Los AngelesExecutive Director Gene Serokadiscussescargo volume,labor talks and economic indicatorswith David Brancaccioon NPR Marketplace. The Port of Los Angeles has processed 8,542,944 TEUs during the first 10 months of 2022, about 6% down from last years record pace. We'll never spam you and you can always easily unsubscribe. According to research by Texas A&M, 80% of shippers usually overpay for their freight. Port Congestion Long Beach, California, USA, USLGB. Oct. 24, 2022 - Port of Los Angeles Executive Director Gene Seroka joins CNBCs Brian Sullivan on The Exchange to discuss the latest challenges facing the supply chain. Congestion has been worst at the neighboring ports of Los Angeles and Long Beach, which account for more than a third of all U.S. seaborne imports. The Port of Long Beach is expected to release its March numbers by the end of the week. Rising berth times tell real story of LA-LB congestion Peter Tirschwell | Jan 06, 2022 11:35AM EST While longer berth times in Los Angeles-Long Beach reflect, in part, higher call sizes, carrier executives say more than anything else the elevated times are a direct result of the lack of space on the terminal. Forrester Wave <> GoComet: Supply Chain Visibility report is out! The paid internship program runs from June 6 to August 12, and is open to college applicants currently enrolled in an engineering or architecture program. Meanwhile, the rail delays are not improving on the West Coast. You will be able to export your reports in the following formats: What is GoComets Port Delay/ Port Congestion tool? Our customer support team will tailor-make your project proposal in accordance with your industry, logistic operations and specific requirements. March 3, 2022 -The Port of Los Angeles will be accepting applications for its 2022 Student Engineer Summer Internship Program from March 27 to April 9 (applications received before or after the application period will not be considered). The number of ships held off Los Angeles and Long Beach has fallen to about 60 vessels in recent days, from highs of more than 100. GoComets port congestion data gives real-time visibility over port congestion that uses a combination of multiple sources such as AIS data, geofencing chief executive of A Norfolk Southern freight train pulled by Locomotive 7565, a GE ES44DC Evolution Series diesel locomotive. San Pedro, CA, USA 90731, Phone: (310) 732-3508 Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images, UN urged to help foreign seafarers, ships stranded in Ukraine since start of war, 'Cannot be forgotten': Shipping industry urges UN to help free sailors, vessels trapped in Ukraine for a year. Dec. 5, 2022 -Port of Los Angeles Executive Director Gene Seroka discusses the latest shifts in the supply chain and the impact of ongoing labor negotiations. The port of Los Angeles is located next to the independent Port of Long Beach and encompasses 7,500 acres (3,000 hectares) of land and water with 43 miles (69 km) of waterfront. 425 South Palos Verdes Street (Seroka's interview begins at13:08. What does the various color schemes in the live data indicate? Before the pandemic, a single ship at anchor was unusual. We will get in touch with you. GoComets port congestion data gives real-time visibility over port congestion that uses a combination of multiple sources such as AIS data, geofencing around ports and live container events data collected from over 45000 containers tracked every month. Norfolk Southern is also cutting down on container congestion by offering truck drivers incentives to drop off and pick up containers on the same trip. Marcus Hand | Jul 19, 2022 The application of the Dwell Fee has been postponed-Labor negotiations for Port Terminal Workers. May 17, 2022 - Last year, and early into 2022, the Port of Los Angeles emerged as a major bottleneck in the U.S. supply chain. Aug. 9, 2022 - Port of Los Angeles Executive Director Gene Serokajoins Brian Cheung and Akiko Fujita for a supply chain and labor negotiations update on Yahoo! Aug. 25, 2022 The San Pedro Bay ports of Los Angeles and Long Beach have released a final report on the current state and overall feasibility of using clean cargo-handling equipment technology, while working toward the 2017 Clean Air Action Plan (CAAP) Updates 2030 goal of a zero-emissions cargo-handling fleet. Since April 15, 2022 -The Port of Los Angeles and the Port of Long Beach will delay consideration of the Container Dwell Fee for another week, this time until April 22. In January, ocean carrier Hapag Lloyd, Norfolk Southern, the Port of Virginia, and Union Pacific, collaborated in creating a triangle of trade where West Coast bound freight would be brought into the Port of Virginia and loaded onto Norfolk Southern rail cars. March 23, 20322 - Port of Los Angeles Executive Director Gene Seroka and Stas Margaronis, California Ports Reporter for the American Journal of Transportation, discuss a wide range of topics affecting ports and the supply chain. April 1, 2022 - The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel. May 6, 2022 -The San Pedro Bay ports of Los Angeles and Long Beach will once again delay consideration of the Container Dwell Fee for another week, this time until May 13. Leaders of some of the busiest U.S. ports expect congestion snarling maritime gateways to continue deep into next year, as the crush of goods from manufacturers and retailers looking to replenish depleted inventories pushes past shippings usual seasonal lulls. Feb. 8, 2022 - Port of Los Angeles Executive Director Gene Seroka joins Yahoo Finance Live to discuss America's supply chain crisis and what needs to be done to improve this port issue. We started in Chicago and Kansas City and saw more pickups. Data is a real-time snapshot *Data is delayed at least 15 minutes. Crude oil, electronics, plastics, furniture, and clothing are a few of the top imports. Earlier this year, the ports were able to work through some of the cargo backup as factories in China closed over the Lunar New Year. Feb. 28, 2022 - The Port of Los Angeles has unveiled new features to its Port Optimizer, the nations first and only port community system that allows shippers, cargo owners, terminal operators and others to better predict and plan cargo at the busiest trade gateway in the U.S. Feb. 25, 2022 -The Port of Los Angeles and the Port of Long Beach said today that they have decided to hold off on consideration of the Container Dwell Fee one more week, until March 4. Other railyards in Kansas City and Memphis are also stacked with containers. GoComets port congestion tracker analyzes more than 45000 containerized shipments per month at major ports across US, EU, EMEA and SEA regions. The program funds initiatives, programs and events that benefit the communities of the LA Harbor, promote the LA Waterfront and help support the Ports goals related to international trade, the environment, sustainability, public safety and security. Dr. Dykes participated in a media briefing with Port of Los Angeles Executive Director Gene Seroka. Larry said the idea originated with Hapag Lloyd, which was looking to move West Coast trade more efficiently. July 20, 2022 -Port of Los Angeles Executive Director Gene Serokadiscusses the current state of the supply chain with Fox 11's Christina Gonzalez. Port of Long Beach dwell times for local imports are stable and average terminal gate turn time is between 26 - 85 minutes, depending on the terminal. Keeping stakeholders informed about the changes in arrival timings, delays in transshipment, etc., became increasingly difficult due to a lack of reliable information on port delays and inefficiencies in tracking updates. the following map shows a live feed of the unprecedented congestion outside the Ports of Long Beach and Los Angeles. How is Gocomets Port Congestion data generated? Feb. 3, 2022 -Port of Los Angeles Executive Director Gene Seroka gives a supply chain update to Amanda Drury and Sri Jegarajah on CNBC Squawk Asia, discussing the latest volumes, cargo movement, cybersecurity and infrastructure developments and what that means for the global economy. Forty or more ships have been waiting at anchor off the coast there on any given day in recent weeks, according to the Marine Exchange of Southern California, a pandemic-era record. Less congestion is increasing available shipping capacity, helping to lower rates, and shortening transit times. Mr. Seroka said terminals expect to handle 35% more inbound containers the week beginning Sep. 5 and 80% more inbound containers the following week compared with the same periods last year. March 10, 2022 - Efforts to develop international standards for the sharing and use of digital information throughout the supply chain took a significant step forward at a joint meeting of the Supply Chain Optimization and Resilience (SCORe) Coalition and global standards organization ASTM International in Long Beach, Calif. March 10, 2022 - The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) the first step in the environmental review process for a proposed Low-Carbon Cement-Processing Facility Project, located at Berths 191-194. You can search for your preferred route by entering the origin and destination port. Feb. 22, 2023 - Port of Los Angeles Executive Director Gene Serokalive in studio at Bloomberg TV to discuss the latest on cargo volume and ongoing labor talks. March 25, 2022 The Port of Long Beach and Port of Los Angeles announced today that consideration of the Container Dwell Fee will be delayed another week, until April 1. Because of a writing error, the port Cordero leads was incorrect in a previous version of this story. March 17, 2022 -Port of Los Angeles Executive Director Gene Seroka sat down with Bloomberg Radio hosts Paul Sweeney and Matt Miller to discuss the latest supply chain developments and the progress ports across the country have made to ease bottlenecks. June 10, 2022 - Live from the Port of Los Angeles, President Biden delivers remarks on inflation and the actions the administration has taken to lower prices and address supply chain challenges. The worst port congestion is happening in California at the ports of Long Beach and Los Angeles. Aug. 1, 2022 - CBS Evening News' Carter Evans returns to America's busiest port for an exclusive interview withPort of Los Angeles Executive Director Gene Seroka about rail and modernization. The Port completed its best first quarter ever, tracking 3.5% above last years record. March 4, 2022 -The Port of Los Angeles and the Port of Long Beach said today that they have decided to hold off on consideration of the Container Dwell Fee one more week, until March 11. While containerizedcargo dipped last month, the Port had 229 cruise calls in 2022and expects cruise demand to continue to increase. The Port holds the highest credit ratings of any non-tax-supported seaport in the United States. Jan. 19, 2023 - At his annual State of the Port address, Port of Los Angeles Executive Director Gene Seroka announced cargo volumes of nearly 10 million Twenty-Foot Equivalent Units for 2022, the second highest in the Ports 115-year history. 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