Maritime delays worsen causing inflationary pressures

Ocean carriers’ schedule reliability is still declining, with delays of up to 30 days on the worst-hit China — EU routes, and almost 22 days on the worst-hit China-US West coast routes according to container tracking data from project44.

While some US ports are still receiving shipments from China without serious delay (by 2021 standards) extant delays remain costly, and are worsening in most cases.

Prices are rising across all major US ports, painting an overall negative picture for shippers in the US.