Forwarders say their containers are sitting at some terminals for 10 days or longer before they can be retrieved, although some relief in import volumes and dwell times is expected next month.
Barbara Melvin says 2024 hit Charleston in unexpected ways, but the full reopening of the Leatherman terminal was a major achievement for the port’s future expansion.
Spot rates on the westbound route, India’s largest trade lane by volume, have nearly halved in the last two weeks, according to new data obtained by the Journal of Commerce.