Article

2022-09-23 Economy

Queue of Ships at Long Beach/LA is gone: recession in progress

[BruceWilds] As of Sept. 21, 2021, there were 132 cargo ships at the ports of Los Angeles and Long Beach. Dozens of container ships were anchored or adrift off the coast. As of Aug 30, 2022, that number has dwindled to only 8 ships waiting off Southern California. The end of goods backing up in ports on the west coast is a sign we are moving on. Danielle DiMartino Booth recently stated, "We have never seen the collapse of the magnitude that we are witnessing in imports. That is always a tail-tale sign that you are already looking through the rear-view mirror at recession."

Posted by Lord Garth 2022-09-23 11:12|| || Front Page|| [11142 views ] Top

#1 Not mentioned is has there been a increase in shipping at ports in the Gulf and Atlantic?

Posted by Procopius2k 2022-09-23 13:36|| 2022-09-23 13:36|| Front Page Top

#2 procopius

good point =- almost certainly some of the disappearing queue is due to shipping to Gulf and Atlantic ports

but I can't find a good data source to quantify this

Posted by Lord Garth 2022-09-23 14:19|| 2022-09-23 14:19|| Front Page Top

#3 Here’s Savannah and you check Brunswick at the site as well

Posted by Beavis 2022-09-23 14:31|| 2022-09-23 14:31|| Front Page Top

#4 but I can't find a good data source to quantify this

Panama Canal / Latest update

Examining the Panama Canal expansion: increases in traffic and freight

Posted by Skidmark 2022-09-23 15:32|| 2022-09-23 15:32|| Front Page Top

#5 thanks to Beavis and Skid

the Savannah numbers seem to suggest some re-routing of cargo but its impossible to tell how much

yes the expanded panama canal has helped make more re-routing possible but the canal expansion was almost all completed by 2018 so

Posted by Lord Garth 2022-09-23 16:17|| 2022-09-23 16:17|| Front Page Top

#6 LG The Golden Ray kept the Brunswick port from fully operating for a couple years

Posted by Beavis 2022-09-23 17:16|| 2022-09-23 17:16|| Front Page Top

07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike
05:23 Whiskey Mike
05:21 Whiskey Mike
05:18 Whiskey Mike
05:15 Whiskey Mike
05:13 Whiskey Mike
05:08 Whiskey Mike
05:05 Whiskey Mike
05:03 Whiskey Mike
03:23 Besoeker
02:05 Grom the Affective
02:04 Grom the Affective
01:26 49 Pan
00:22 EMS Artifact
00:16 Skidmark