China port congestion falls sharply, trans-Pacific shipping rates retreat

Trans-Pacific spot container rates have plateaued and in some cases pulled back, spurring speculation that container investors’ bull run has peaked and relief is on the way for U.S. importers.

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7 challenges lie ahead for the Port of LA to support 24/7 supply chains

After President Joe Biden’s Wednesday remarks announcing a goal to move U.S. supply chains to a 24/7 operating schedule, port and government representatives explained the next steps toward that goal and why details on how such operations would work are sparse.

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Maersk drops container fees to $1 for COVID supplies 

On Wednesday, international container shipping company Maersk announced it is partnering with the Princeton Foundation for Peace & Learning to assist in delivering COVID-related supplies to India.

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Port-Crisis plan seeks inland U.S terminals, more truckers 

Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply chain backlog, White House Port Envoy John Porcari said.

Read More Here SupplyChainBrain