Last year cargo and vessels were often delayed for a week or more at U.S. West Coast ports because of labor shortages at rail yards, port shipping terminals and trucking companies. Experts also underestimated trade growth, which reached 12 percent after initial forecasts of less than 5 percent.
For this year, cargo gains of between 10 to 15 percent have been forecast. In preparation for this year’s increase, speakers said that extra workers and equipment have been added, and that cargo has been moving smoothly throughout the year so far.
“All of the signs during the first six months have been extremely favorable,” said John Joseph of Limited Brand. “So I think there is reason to be optimistic.”
“We had one-week delays last year and that’s not going to happen this year,” said Doug Tilden of Marine Terminals.
“We may see two-to-three-day delays,” during the peak season, said Frank Baragona of CMA CGM.
Some speakers were concerned about a possible shortage of truck drivers. “If they can’t get more turns (cargo shipments), and make more money, we’re not going to get more drivers,” said Bob Curry Jr. of California Multimodal Inc.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now