UK minister attempts to stave off Christmas panic buying after concerns about nation’s biggest container port becoming gridlocked
Tory Party co-chair Oliver Dowden said on Wednesday that the backlog at the UK port of Felixstowe is “improving” after shipping companies complained the ongoing HGV driver shortage meant they couldn’t land containers.
Speaking to Sky News, Dowden accepted that the country is currently facing a “challenging problem” due to the shortage of HGV drivers, but sought to reassure citizens that there is no need to start panic buying ahead of Christmas, as the gridlock is “improving.”
Dowden’s remarks came after shipping giant Maersk stated that it had been forced to reroute vessels from Felixstowe to other European ports due to the number of containers stuck at the port following the recent supply chain crisis.
Speaking to BBC’s Radio 5 Live, Maersk’s head of global ocean network Lars Mikael Jensen said that a number of the company’s 20,000 container-bearing ships were stuck waiting for between four to seven days outside Felixstowe. Instead of “wasting time waiting” any longer, Maersk diverted the vessels to other stops.
The container backlog at Felixstowe has been growing for the past two weeks, limiting the number of vessels able to dock at one point to one in three, compared with other European ports. It comes amid logistical problems across the UK that have seen fuel stations run dry and shop shelves empty, as deliveries have been hampered by the shortage of HGV lorry drivers.
https://www.rt.com/uk/537377-minister-panic-buying-port-gridlock/
Port Of Los Angeles Prepares For 24/7 Operations To Tackle Massive Cargo Backlog
With more than 80 container ships at anchor and 64 at berths across the Ports of Los Angeles and Long Beach, congestion at the nation's top ports continues to snarl supply chains. To alleviate bottlenecks threatening the holiday shopping season, the White House has released a memo stating the twin ports will be operating on a 24/7 basis to counter the backlog.
The shipping industry is in complete chaos, and bottlenecks at Ports of Los Angeles and Long Beach, a point of entry for 40% of containers, continue to experience massive backlog that is disrupting the time it takes goods to reach store shelves, creating price inflation for consumer goods and shortages.
President Biden is expected to meet with "business leaders, port leaders, and union leaders to discuss the challenges at ports across the country and actions each partner can take to address the delays and congestion across the transportation supply chain," according to the White House.
"The President will meet with the leadership from the Ports of Los Angeles and Long Beach and the International Longshore and Warehouse Union (ILWU) to discuss the actions they are each taking to address these challenges in Southern California," the White House continued.
To solve such a crisis, it appears the Biden administration, businesses leaders, and port officials will "announce a series of public and private commitments to move more goods faster, and strengthen the resiliency of our supply chains, by moving towards 24/7 operations at the Ports of Los Angeles and Long Beach" at a press conference this afternoon.
Snarled supply chains first became an issue earlier this year for the administration when automakers began to experience production difficulties because of the lack of semiconductor chips. This forced Biden to announce a review of the problem in February.
https://www.zerohedge.com/markets/port-los-angeles-prepares-247-operations-tackle-massive-cargo-backlog