The number of inbound ships has fallen by about one-third since hitting an early-January peak of 109.
“It’s these surges in demand that create the challenge,” said Julie Gerdeman, CEO of supply-chain risk analytics firm Everstream Analytics. She called it a dance between “just in time” and “just in case” inventory management brought on by the pandemic that’s rewiring global trade.
Los Angeles port and city officials ceremonially break ground Friday, Feb. 11, on a facility at POLA designed to provide maintenance, repair, up-skill and re-skill training for 900 registered longshore workers and mechanics. In the last round of contract talks that began in 2014, disagreements dragged on for nine months, creating an economic headwind across the country, a long line of waiting vessels and shortages for some consumer goods.
The cranes from the Port of Los Angeles fram the snow covered mountains looking from Cabrillo Beach in San Pedro Monday January 3, 2022. Gerdeman said her customers are monitoring choke points and risks that could impact their ability to get products to market. They’re ordering safety or buffer stockpiles ahead of the next peak, or considering diverting to ports in other regions or other modes all together. “We have customers that, even in the face of profitability hits, are making decisions to build up inventory.”, sees retailers spending in the second quarter to restock the lowest inventories in a decade.
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