Global transport and logistics company Kuehne+Nagel has created a port disruption indicator. The indicator measures the cumulative waiting time (in days) for twenty-foot equivalent units (TEUs) based on vessel capacity in key ports.
For example, a 10,000-TEU vessel waiting 12 days equals 120,000 TEU waiting days, according to the company’s metrics. While the waiting days are a splashy headline, the data is invaluable.
When you take a closer look at waiting times, the Port of Los Angeles and Port of Long Beach are ground zero for the global container congestion contagion.
Read more in an article from American Shipper.