Interns get hands on experience assisting with design and construction projects at our nations busiest container port. July 20, 2022 -Port of Los Angeles Executive Director Gene Serokadiscusses the current state of the supply chain with Fox 11's Christina Gonzalez. Includes monthly container statistics and bunker fuel reports for the Port of Los Angeles. Real-time updates about vessels in the Port of LOS ANGELES USLAX: expected arrivals, port calls & wind forecast for LOS ANGELES Port, by MarineTraffic. Jan. 11, 2022 7:23 PM PT. Since the program was announced on Oct. 25, the two ports have seen a combined decline of 49% in aging cargo on the docks. Finance Live. 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. In this same page, scroll above and enter a port name under the option Search your preferred port. The ship congestion in San Pedro Bay looked to have eased, but in fact was hitting some of its highest numbers. To an extent, would we like to see volumes return? 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. June 3, 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 June 10. The meeting will include a status update of the ports technology advancement projects, feasibility assessment studies of cargo handling equipment and drayage trucks, and Clean Truck Fund Rate. Its a global scenario in terms of diminishment of growth. As vessels queue outside ports and turnaround times increase, it could be a real challenge to secure cargo space. Yes, but one thing that the supply chain crisis did was highlight a lot of the inefficiencies here locally, Schrap said. Video courtesy of CNN International. Six ships were within 150 nautical miles and steaming toward the complex, with three apiece destined for the L.A. and Long Beach ports. May 2, 2022 -The Port of Los Angeles has extended the public review and comment period to Wednesday, June 15 to provide opportunity for additional public feedback on the Initial Study/Notice of Preparation (IS/NOP) for the West Harbor Modification Project. 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. No strike has been announced. Some 65 cargo ships have been forced to queue outside two of America's biggest ports, in the latest sign of supply chain disruption hitting the US. This relatively manageable time of cargo imports has presented opportunities to avoid the ship backlogs, or at least mitigate their severity, when the next crisis happens. How is Gocomets Port Congestion data generated? Do you have any other free tools apart from port congestion/port delay? The number of container ships queuing to enter the ports of Los Angeles and Long Beach declined to 78 vessels on Tuesday, down from the peak of 109 ships reached a month earlier, according to. This public meeting will include a status update on the air monitoring network upgrade and annual air monitoring report. data from the Marine Exchange of Southern California highlighted that there were less than ships waiting in Los Angeles and Long Beach ports in the last week, with the lowest numbers since July 28, 2021 and far below the peak of 109 ships observed on January 9. . Pre-pandemic, just one month with numbers like that would have been a record. Cordero, at Long Beach, hailed the ports ability to process cargo that comes in. Our data-driven port congestion tool helps global shippers to proactively respond to congestions at the port of Los Angeles by accurately calculating the median congestions of the port at any given time. 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. 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. The meeting will include a status update of the ports feasibility assessment studies of drayage trucks, Clean Truck Fund Rate implementation, ports annual emission inventories, and the Green Shipping Corridor. Nov. 18, 2022 - The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for four weeks, until Dec. 16. May 27, 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 June3. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. July 22, 2022 -Port of Los Angeles Executive Director Gene Serokadiscussescontinued supply chain improvements with CNBC's Martin Soong on Squawk Box Asia. See here for a complete list of exchanges and delays. The industry leader for online information for tax, accounting and finance professionals. Oct. 31, 2022 -Port of Los Angeles Executive Director Gene Seroka gives Bloomberg TVs Alix Steel and Guy Johnson an assessment of the latest supply chain impacts on the heels of an early peak season. The ships are stuck outside the ports of Los. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Loaded exports came in at 11,781 TEUs, a 9% decrease compared to the same period last year. Over the past year, private and public stakeholders have been successful in reducing congestion and ships at anchor, which will improve 2022 emissions. Supported byGoComet platforms real-time container trackingdata, our machine learning algorithm calculates congestion/delays at ports based on the turnaround times of these containers at a given arrival/departure port. Can I get port congestion data via direct integration? GoComets port congestion API can be integrated with any client ERP system and the data pulled out can be used to create your own interface as per the clients use case. USDOT announced the planned project in March with truckers, shippers, wholesalers, retailers and ports "to develop a digital tool that gives companies information on the condition of a node or region in the supply chain.". March 18, 2022 - Port of Los Angeles Executive Director Gene Seroka joins CNBC's Brian Sullivan on 'Squawk Box' to provide an update into the nation's supply chain. You will find the live port congestion data for that particular port. Dec. 1, 2022 Following a perilous landslide that has devastated the island of Ischia off the coast of Italy, Port of Los Angeles officials are voicing support for the hard-hit community that has strong ties to San Pedro and is a sister city of Los Angeles. Sept. 22, 2022 - The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the Container Dwell Fee for four weeks, until Oct. 21. Twenty percent of all arriving cargo for the US is handled by the port's 25 cargo terminals. 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. 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. Port of Los Angeles. By and large, inbound vessels are going to berth with little delay, Seroka said. Los Angeles (US: / l s n d l s / lawss AN-jl-s; Spanish: Los ngeles [los axeles], lit. 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. The Port of Long Beach is the second-busiest container gateway in the US after the adjacent Port of Los Angeles. June 1, 2022 -Mark, Ryan, and Criswith Moody's Talkswelcome Gene Seroka, Executive Director of the Port of Los Angeles, to discuss current global supply chain conditions and economic implications. Local lawmakers and port officials accompanying U.S . PORT OF LOS ANGELES POSTS RECORD MARCH,BEST FIRST QUARTER Watch Conversation With ILWU Leadership. great deal of holiday season goods have already arrived, he said. Friday, March 03, 2023 Total Empty Containers Change Since Nov. 15, 2021. Alternatively, you can also click here to schedule a free demo. Live Map of Vessels Outside the Port of LA and Port of Long Beach Courtesy of MarineTraffic.com, the following map shows a live feed of the unprecedented congestion outside the Ports of Long Beach and Los Angeles. Updates on port disruptions globally so you stay informed on what's happening and where. I thank both the unions and rail companies for negotiating in good faith.". For 18 months now, the Port of Los Angeles has received 900,000 container units per month. June 17, 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 June 24. The Port completed its best first quarter ever, tracking 3.5% above last years record. In association with the USDA, CDFA, GO-Biz and CalSTA, the Port of Oakland is hosting a virtual information session on Thursday, February 24, 2022, from 10-11 a.m. PT on the new, temporary "pop-up" container yard that will ease congestion and add agricultural export capacity in Oakland. Oct. 25, 2022 - Port of Los Angeles Executive Director Gene Seroka discusses ongoing supply chain challenges and shares how America's busiest port has nearly eliminated its backlog with Julia Chatterley on CNN's First Move. Were very good at it. LOS ANGELES, July 13 (Reuters) - Railroads and importers must remove cargo that is stacking up at the nation's busiest seaport in Los Angeles to avoid exacerbating supply chain. Four months in to 2022, the Port has processed more than 3.5 million TEUs, 1% ahead of last years record pace. Many people believe port congestion is going to continue through the summer of 2022. ", Samsung Electronics North America CEO KS Choi said "data sharing enabling timely cargo delivery is a work in progress but remains incomplete. Vessel Congestion Update - LA/LB. 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. The Port holds the highest credit ratings of any non-tax-supported seaport in the United States. 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. Velocity of cargo moving through terminals increased. What is the depth and source of the data used in the calculation? 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. March 18, 2022 -The Port of Los Angeles and Port of Long Beach will delay consideration of the Container Dwell Fee for another week, this time until March 25. learn more . Using these credentials you can have access to our port congestion database along with other free tools and getreal-time free container tracking tool, smart ocean/vessel schedules andshipping rates market index (GFI) for free! 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. March 3, 2022 -The public is invited to comment on a draft 2021 feasibility assessment of emerging cargo-handling equipment technology that will help the ports of Los Angeles and Long Beach reduce air pollution and reach the ambitious zero-emissions goals adopted in the 2017 Clean Air Action Plan Update. March 1, 2022 7:11 AM PT. "We're running now about. Being the biggest port in the USA, Los Angeles port congestion is well known. #AmericasPort. Aug. 10, 2022 - The U.S. Department of Transportations Federal Highway Administration (FHWA) today awarded a $3 million Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grant to the Port of Los Angeles Gateway Project. In addition to 82 container cranes, 8 container terminals, and 113 miles (182 km) of on-dock rail, the port includes 25 cargo terminals. Seroka said that the traffic slowdown likely to continue until a labor pact is in place. The focus points of that agreement are collaboration and information sharing on initiatives related to environmental sustainability and operational efficiencies. Nov. 1, 2022 -The Port of Los Angeles has partnered with EarthCam, the leader in live camera technology, to provide 24/7 streaming services for its LA Waterfront live camera. Recurring email reports: GoComet can enable automated triggered reports, where spreadsheets containing port congestion reports can be emailed to the client side users as per their preference. Yes, you can most certainly do that. Terasaki Institute Opens New Biomedical Incubator on L.A.s Westside, California CRE Survey Forecasts Market Fluctuations, Why Financial Institutions Need to Take Proactive Measures for their CRE Holdings, ESG Goals Increasingly Drive Brownfield Redevelopment, Three Commercial Real Estate Considerations for 2023, Commercial Real Estate is Vital to the Economy. This enables us to give accurate port congestion data as opposed to historic coverage given by other data providers in the market. Still, short warehouse space has caused delays in container pickup, with the average street dwell time being 10 days when it should be four, Seroka said. This marks the first in a series of incentive programs that will be funded by the Ports recently enacted Clean Truck Fund (CTF). Los Angeles, CA 90025 June 7, 2022 -Port of Los Angeles Executive Director Gene Seroka gives CNNs Julia Chatterley an overview of the current state of the supply chain and the challenges ahead on First Move. The Felixstowe port in the UK faced a heavy brunt of congestion, and so did Southampton and Rotterdam due to rerouting . Logistics managers are measuring rail delays of 12 days at the Ports of Los Angeles and Long Beach. The plans, approved separately by each port, target the development and deployment of zero-emission (ZE) trucks and infrastructure, and move the two ports closer to their CAAP goal of being serviced by a 100% zero-emission drayage truck fleet by 2035. May 20, 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 27. June 8, 2022 -The Los Angeles Board of Harbor Commissioners has adopted a $1.9 billion budget for Fiscal Year (FY) 2022/23. 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. Oct. 28, 2022 - The Los Angeles Board of Harbor Commissioners will convene an in-person board meeting at 9 a.m. Thursday, Nov. 3 at the Port of Los Angeles Administration Building, 425 S. Palos Verdes Street in San Pedro, for the first time since March 2020. One reason for this that Asian shippers are routing cargo elsewhere in the United States is at least partly related to a reason for the early peak: ongoing labor negotiations with the West Coast dockworkers. The grants will defray the cost of putting 22 pre-production emissions-free models in Port service during 2023. March 15, 2022 - The Biden-Harris Administration and U.S. Department of Transportation announced the launch of a major supply chain initiative, Freight Logistics Optimization Works (FLOW), to help speed up delivery times and reduce consumer costs. 55,747-16%. Dec. 6, 2022 -Port of Los Angeles Executive Director Gene Seroka discusses the state of the labor market, productivity and supply chains in the United States on Bloomberg Markets and Finance. ), 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. Since the program was announced on Oct. 25, the two ports have seen a combined decline of 50% in aging cargo on the docks. March 11, 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 March 18. LOS ANGELES Rail issues, rising container dwell times and a backlog of ships in China pose threats to continuing supply chain improvements at the Port of Los Angeles. Need access to our entire database? 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. Smart Schedule This tool provides instant access to the latest sailing schedules, benchmarked freight rates & carrier performance. Bayport Odfjell Terminal, Houston, USA, OTH. Approximately $90 million is expected to be collected the first year, moving the San Pedro Bay port complex toward a goal of being serviced by a 100% zero-emission drayage truck fleet by 2035. 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. Includes all news stories from the Port of Los Angeles, covering a range of topics, including business, cargo, community, environment, public safety, and LA Waterfront. Rail workers will get better pay, improved working conditions, and peace of mind around their health care costs. Published January 20, 2022 Updated on January 20, 2022 at 4:45 pm. A shortage of rail workers, not enough rail cars and importers failing to pick up their goods are causing cargo to pile up once again at the Port of Los Angeles a key link in the U.S.. Aug. 17, 2022 -The Port of Los Angeles processed an estimated 935,345 Twenty-Foot Equivalent Units (TEUs) in July, outpacing the previous record set in 2019 by 2.5%. That saves time. Shippers are going to be hesitant to put too much cargo into LA/Long Beach until that contract is finalized, said Schrap, whose organization advocates for the interest of trucking companies and their drivers. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. March 3, 2023 -Officials with the Port of Los Angeles and Port of Gothenburg, Sweden, have signed a Memorandum of Understanding (MOU) to further their relationship and cooperation on a number of key topics, including sustainability, digital and physical infrastructure, and potential trade opportunities. As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. June 24, 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 July 1. Jan. 19, 2023 -Ariel Wesler speaks with Port of Los Angeles Executive Director Gene Seroka about his priorities for 2023 on Inside the Issues for Spectrum News 1 SoCal. Dec. 20, 2022 -The Port of Los Angeles has awarded a total of $6 million to two trucking companies and their truck manufacturer partners to speed up the transition to zero-emission (ZE) drayage trucks serving the nations busiest container port. Fixing this problem will require cooperation with many stakeholders across the supply chain.". Enforcement of Assembly Bill 5, which severely limits who qualifies as an independent contractor, may also impede progress in efficiency. With record quantities of containerized commerce, the port has maintained its position as the top port for more than two decades. Includes upcoming events hosted by the Port of Los Angeles, LA Waterfront development information, and biweekly Currents e-newsletter. April 14, 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 the West Harbor Modification Project on the LA Waterfront. Congestion is a result of extra loaders & rail car shortages. 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. July 1, 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 July 8. The plan builds on the strong financial performance this past year by the Port of Los Angeles, which set an all-time record for containerized cargo volume again in 2021. What do you mean by median delay and maximum delay in the result? July 20, 2022 - Port of Los Angeles Executive Director Gene Seroka joins Stephanie Flanders andAugusta Saraivaon a deep diveinto COVID's impact on the global supply chain on this Bloombergpodcast. ", The White House said in March the goal was to create a "proof of-of-concept freight information exchange by the end of the summer. Meanwhile, the Port of Long Beach processed 741,823 TEUs in September, down 0.9% from 748,472 TEUs last September. June 29, 2022 - Port of Los Angeles Executive Director Gene Serokadiscusses container dwell times on Marketplace NPR, saying"once we announced that fine on October 25, we saw those aging containers drop by 75%.". Our port congestion report is a data-driven tool that can help you calculate how much of a congestion your shipment will experience based on the specific port in the USA where it's due to arrive or depart from. The meeting will include a status update of the Clean Truck Fund Rate implementation, status of the ports Technology Advancement Program projects, and looking at 2022 accomplishments and 2023 priorities. According to research by Texas A&M, 80% of shippers usually overpay for their freight. 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. April 12, 2022 -The Port of Los Angeles processed 958,674 Twenty-Foot Equivalent Units (TEUs) in March, its third consecutive monthly cargo 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. Seroka noted that in October, there were about 41,000 import containers still in the Port of L.A.s terminals, less than half the amount during the height of the import surge a year ago. June 29, 2022 -Port of Los Angeles Executive Director Gene Seroka joinsSquawk on the Street to discuss union talks at West Cost ports and supply chain challengeswith CNBC's Leslie Picker and Michael Santoli. The Port handled 709,873 Twenty-Foot Equivalent Units (TEUs) in September 2022, a 21.5% decrease from September 2021, which was the Ports busiest September on record. Pre-pandemic, just one month with numbers like that would have been a record. March 1, 2022 - The Port of Los Angeles has released applicationinformation and detailsabout its FY 2022/23 Community Investment Grant Program. As of Nov. 9, there were no ships waiting within 40 nautical miles of the port complex. Port congestion is one of the biggest shipping problems faced by U.S. corporations today. "Weve got to do our level best to recapture what has moved and continue to grow our share.". Oct. 24, 2022 -Port of Los Angeles Executive Director Gene Serokadiscusses clearing the port backlog and trade with China with Paul Sweeney and Matt Milleron the latest episode of Bloombergs The Tape podcast. That means moving containers out of the port is taking too long. At its peak, cargo ships could be waiting nine days or longer to be unloaded and shipped off to stores. GoComets port congestion tracker analyzes more than 45000 containerized shipments per month at more than 400 major seaports spread across US, EU, EMEA and SEA regions. Oct. 6, 2022 -Emissions from port-related sources increased in 2021 compared to the previous year, according to the Port of Los Angeles latest Inventory of Air Emissions. June 10, 2022 - Bloomberg Washington Correspondent Joe Mathieu interviews Port of Los Angeles Executive Director Gene Serokaas President Biden visits America's busiest port. 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. Nov. 16, 2022 - Two Port of Los Angeles executives have been honored by WTS Los Angelesfor their outstanding leadership in promoting and advocating gender diversity within the global transportation industry. The agreement was signed at a ceremony at the Port of Los Angeles this week. Our delay calculation logic takes into account the time spent by vessels in proximity to the port (ideally, anchorages or queues) and the time taken by the container to gate-out (be cleared) from the port once the vessel arrives at the port to build real on-ground delays. Part of that has to do with what happens to the containers once theyre ashore. How do I sign up for GoComets free Port Congestion tool? Oct. 5, 2022 -With ongoing demonstrations and programs directed at meeting its clean air goals, learn how the Port of Los Angeles is committed to leading innovations to build a cleaner future for Los Angeles Harbor and beyond. March 17, 2022 - Port of Los Angeles Executive Director Gene Seroka discusses China's COVID lockdown and its potential impact on the global supply chain with Dagen McDowell and Mitch Roschelle on Fox Business News' Mornings with Maria.. By Dec. 5, there were 96 ships waiting to enter the ports of LA and Long Beach, 56 . You can click on our Free tools menu on the website, and you will find the following free tools along with Port Congestion: Container Tracking Get unprecedented visibility over all your international shipments with our single window tracking solution. That includes 343,462 import TEUs (down 27% from September last year), 288,731 empty TEUs (down 20%) and 77,680 export TEUs (up 2.5%). Nov. 30, 2022 -Executive Director Gene Seroka discusses the latest impacts on West Coast cargo volume including ongoing labor negotiations. Feb. 16, 2023 -The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous Januarys all-time record. Wednesday, March 16, 2022. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. Audio courtesy of SiriusXM and Transport Topics. It was what was forecasted, he said, adding that exports to the United States from China the largest provider of West Coast cargo were down 13% in October. July 14, 2022 The Port of Los Angeles will offer free harbor boat tours of Los Angeles Harbor on Saturday, July 30. There has already been a bull market for newer model trucks in anticipation of this, he said. While things have been improving, there are still bumps along the way, frustrating consumers across the country. WASHINGTON, Aug 10 (Reuters) - The U.S. Transportation Department (USDOT) said on Wednesday a supply chain pilot data-sharing project aimed at easing bottlenecks at congested U.S. ports has begun exchanging data and doubled in size. GoComet platforms real-time container tracking. For Asia to North America East Coast . That day last September, there were 66 container ships crowded outside the ports of Los Angeles and Long Beach America's busiest port complex in addition to a couple of dozen unloading or. Oct. 25, 2022 - Port of Los Angeles Executive Director Gene Seroka sits down with Yahoo Finance Live to discuss the easing of supply chain backlogs at West Coast ports, quickening turnover of cargo, and the latest developments in labor negotiations with union workers. With Lunar New Year 2022 now underway and container freight rates, ship charter rates and port congestion still at or near all-time highs, timing sentiment is turning to 2023. At the mid-point of 2022, the Port has handled more than 5.4 million TEUs, matching last years record-setting pace.
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