AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Insurance impact of gridlock ticket11/20/2023 Howard Blume, Los Angeles Times, 26 Aug. Jenna Malinowski, Detroit Free Press, 23 July 2023 So the switch to sitting behind the wheel in gridlocked traffic might not always feel like an upgrade every morning. 2023 While the Tigers remained gridlocked, the Padres continued to hit. Claire Galofaro and Matt Sedensky, Anchorage Daily News, 14 Aug. 2023 On gridlocked Front Street, people were panicking, crying, screaming, honking. 2023 Anecdotes reigned, as did predictable but gridlocked dichotomies-technophobes versus futurists, human drivers versus computers. 2023 But the outlook for the funding is precarious, in a Congress that is polarized, gridlocked and unpredictable in its ability to formally approve new spending. Rotimi Adeoye, The New Republic, 8 Aug. 2023 As the Supreme Court slowly undoes the progress of the Civil Rights Movement and Congress remains gridlocked, states can rise to the occasion by emulating the success of Connecticut and New Mexico, mitigating the trauma inflicted on our democracy. 2023 Relatives tried to reach her, but were blocked by gridlocked streets and a wall of fire. Christa Case Bryant, The Christian Science Monitor, 30 Sep. coal and vessels carrying the commodity also use the Panama Canal.Ĭorrection: This story has been updated to reflect the correct volume in traffic for the top five West Coast ports and the top East and Gulf Coast ports during the same time frame.Recent Examples on the Web Still, the ability of Democrats and Republicans to come together to avert a shutdown counteracts at least somewhat the prevailing view that Congress is hopelessly gridlocked. Coal traffic is also being impacted and making adjustments. The canal is the quickest route for the LNG market to reach Asia. Exports in July, specifically, were down 12% year over year.Ĭheniere Energy announced in July that it would avoid the Panama Canal to ship LNG because of the wait times. Gulf Coast clean petroleum product exports using the canal and traveling to the West Coast of South America slowed by 82% year over year. Data from its Commodities at Sea unit shows that in the combined June to July period, U.S. The mounting delays have clean tankers, which carry refined petroleum products, avoiding the canal, shifting their preference to book routes to the Atlantic Basin, according to S&P Global. Energy sector diversions are already happeningĭiversions are already happening in the energy sector. However, for Northern China and North Asia, deviation via the Suez can add seven to 14 days of additional transit time. He added that this can be an effective solution for freight originating in the ASEAN region and some Southern China origins. East Coast via the Panama Canal, importers may be looking at vessels transiting the Suez," Baer said. "With the increasing difficulty of reaching the U.S. consumers this holiday season.Īlan Baer, CEO of logistics company OL USA, told CNBC that shippers may have to start looking at other routes. He said surcharges and vessel restrictions will likely mean higher clothing and shoe prices for U.S. "Now is not the time to further stress supply chains that are still straining under ongoing logistical pressures," said Stephen Lamar, president and CEO of the American Apparel & Footwear Association. The top five West Coast ports showed a decrease of 4.1% in July, and the top East and Gulf Coast ports processed an increase of 4.1% during the same timeframe. Recent data released by supply chain intelligence firm Descartes shows the East Coast ports continue to be the preference for U.S. Ultimately, he said, these costs may end up being passed down to businesses and consumers. Shippers using multiple vessels to move their freight adds to freight costs, and longer lead times to secure bookings. ![]() "Through regular updates, transparent dialogue, and close collaboration with shipping lines and stakeholders, we strive to manage expectations and provide real-time information that enables our customers to make informed decisions," he said.Īshiq explained that vessels have to wait longer to transit the canal or ocean carriers make a business decision to take alternative routes, which add time and fuel costs to the journey. Ricaurte Vásquez Morales, administrator of the Panama Canal, said that considering the changing circumstances, the canal is maintaining an open line of communication to keep customers informed about booking slot availability. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Read More
Leave a Reply. |