Headlines 

• Ports in both Houston and Corpus Christi, Texas, achieved record-breaking results in June from shipments of oil drilling products and autos, and increases in crude oil and refined products exports. 
• In light of growing congestion outside the Port of Savannah, Georgia Ports Authority have extended truck gate hours from August 1 by one hour each weekday to assist with handling increased volumes.  
• The ports of Long Beach and Los Angeles will postpone consideration of the “Container Dwell Fee” for four weeks, until Aug. 26. Since the program was announced on Oct. 25, the two ports have seen a combined decline of 26% in aging cargo on the docks. The fees have never been implemented.  

Courtesy: FreightWaves; Journal of Commerce; American Journal of Transportation  

UPDATE: U.S./Canada Ports – Number of Vessels at Anchor as of 08-02-22 

• Savannah: 43 Vessels at Anchor (0) 
• Houston: 37 Vessels at Anchor (+2) 
• Vancouver: 26 Vessels at Anchor (-1) 
• New York/Newark: 17 Vessels at Anchor (-3) 
• San Francisco/Oakland: 9 Vessels at Anchor (-6) 
• Los Angeles/Long Beach: 14 Vessels at Anchor (+8) 
• Charleston: 2 Vessels at Anchor (-2) 

Note: This count does not include vessels moored and being unloaded at port docks. Colored numbers in parentheses represents the change from last week over.  

Courtesy: MarineTraffic  

IMPORT: Asia to North America (TPEB) 

Recent Developments:  

• Contract negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) remain active. The existing labor contract between the two parties expired July 1.  
• Both the ILWU and PMA have commented neither is planning on striking or shutting down operations amid ongoing talks. The two parties state their confidence that there will be no disruptions at USWC ports.  
• Sources close to the talks speculate a deal will be reached by August or September. However, there has been no official comment or release from either party that confirms this is true.  

Rates: Spot rates from Asia to the US East Coast are at their lowest level of 2022, reports indicate.  

• Although rates are softened, forecasts remain in play for a boom in import activity. In such an event, shippers can expect increases to rates.  

Major liners CMA CGM, Hapag-Lloyd, and MSC have also instituted surcharges on overweight container loads from India to the U.S. and Canada.  

• CMA CGM is charging $1,000 per TEU for all types of containers weighing over 20 metric tons. 
• Hapag-Lloyd and MSC is charging $500 per TEU for loads exceeding 18 metric tons.  

Space: Space is generally open for now, but any surges in demand and volumes will tighten space.  
Capacity: Capacity has tightened in pockets. Shippers continue to divert cargo to the USEC due to fears of disruptions at West Coast ports from ongoing labor talks.  
Equipment: Intermodal systems remain stressed with congestion and truck and chassis deficits. Some inland terminals are reaching max capacity with inventory.  
TIPS: Book at least 2-3 weeks prior to ready date. Strongly consider premium services and, if cargo is ready now, make plans to move as soon as possible with the current openings in space and fallen rates. When possible, shippers with fixed-rate contacts should take advantage of these softened rates on the floating market.  

IMPORT: Europe to North America (TAWB) 

Recent Developments:  

• US imports from North Europe and the Mediterranean rose 13.8 percent from the previous month and 8.9 percent year over year to an all-time high of 343,651 TEU in June following a 5.7 percent month-over-month increase in May, the Journal of Commerce reports.  
• Northern European hubs remain critically congested. Labor strikes continue to pose disruptions to German ports of Hamburg and Bremerhaven.  
• USWC ports have seen alleviated congestion and improvements to vessel waiting times—yet still a far cry from pre-pandemic standards. There are no considerable disruptions directly related to ongoing WC labor talks.  
• On the USEC, both ports of New York/Newark and Savannah have a notable number of waiting vessels anchored offshore.  

Rates: Rates remain elevated, but consistent, for the foreseeable future. Higher fuel costs are contributing to rate increases.  
Space: Space remains critical.  
Capacity: Capacity for both North Europe and Mediterranean services remain gripped.  
Equipment: Equipment at European seaports is not as readily available as it has been for the past few months. Inland terminals in Europe are also still reporting equipment shortages. On the U.S. side, truck and chassis availability remain concerning, especially with the latter.  
TIPS: Book 5 or more weeks prior to ready date. Shippers are strongly advised to use premium service for no-roll options and improved reliability for their cargo.  

EXPORT: North America to Asia 

Recent Developments: 

• For the USEC, waiting vessels remain an issue for Savannah and New York/Newark.  
• Diminished schedule integrity continues to challenge post earliest return dates. 
• Vessel arrivals remain smooth for USWC POLs. 

Rates: So far, GRIs for the transpacific westbound lane have not been announced for August.  
Capacity: Available capacity remains fluid for USWC POLs.  
Equipment: Truck, container, and chassis availability remains dire and has significantly contributed to congestion of the intermodal system and IPI origins. Standard equipment at ports remains available unless carriers advise otherwise.  

• Some carriers have noted rail operations from Chicago to USWC ports have become more fluid and can handle an uptick in volume.  

TIPS: Book 4 to 5 weeks prior to time of departure to secure necessary equipment and vessel space.