Rising inflation, down-bound market demand reducing West Coast port congestion

Source: vancouverisawesome.com vancouverisawesome.com

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But transpacific trade downturn threatens financial bottom lines at major port terminals West Coast ports continue to recover from pandemic-induced cargo congestion, but is that recovery shifting concerns from too much business to too little? Last summer, the Port of Vancouver was struggling to reduce delays in loading and unloading cargo and long wait times for ships to get berth time. Rail dwell times, a measurement of how long a ship’s containers take to be offloaded at the dock and loaded onto rail cars, were approaching seven days compared with the Port of Vancouver’s 2.5 to three-day target, and close...