Shanghai Congestion

Congestion at the port of Shanghai is now at 51.2 hours and the number of vessels has dropped from 100 last week to around 80 as of now. Equipment shortage is still an issue and the delivery window for export containers is now 24 hours which was previously 72. There are many reasons for the delays so getting things back to normal will take work by the truckers, steamship lines as well as the terminals. There is also the additional traffic caused by the completion of the Three Gorges Dam which added about 500 domestic barges onto the Yangtze River into Shanghai. Along with weather, equipment shortage, additional volume, service & terminal changes and larger than normal containers in the yard estimates say it will be mid-May before terminals are back to normal.

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