Port of Long Beach August numbers dwarf Los Angeles cargo moved
Good morning! It’s National Cheeseburger Day. Don’t mind if we do… 🍔
But let’s get down to it. The Port of Long Beach had a busy month! It was the port’s second busiest August on record (last year took the cake) with a whopping 806,940 TEUs of container cargo moved by terminal operators. That number is less than 800 units under what the port clocked in during August of 2021. The neighboring Port of Los Angeles (and typically the nation’s busiest port) was beaten by Long Beach in August by nearly 1,000 containers.
Check out today’s featured article from G Captain to read about the Port of Long Beach’s busy month of August and what beating the Port of Los Angeles’s numbers could mean for the neighboring west coast ports. ☕️
Featured Article:
Empties Help Port of Long Beach Surpass Los Angeles in August | G Captain
“The Port of Long Beach on Thursday reported having its second busiest August on record, with cargo volumes less than 1,000 TEUs off its monthly record and even surpassing its neighbor the Port of Los Angeles in terms of total throughput.”
Company Culture & Mental Health 🧠
Workplaces should strategize how to improve mental health of stressed employees
The American Psychological Association reported in March that over 80% of those polled say that inflation, supply chain issues, and overall global uncertainty are major stressors in their lives. It won’t help to have unnecessary levels of stress in the workplace. Companies should start investigating long-term solutions for employees who need to feel better supported and connected to their employers.
While the stress is being ”managed”, experts claim that our society is reaching “unprecedented levels of stress” that will only create a multitude of health problems.
Sales & Shipping 🧾
Retailers and carriers battle for pricing power
Over the past few years, shipping prices have skyrocketed due to massive e-commerce growth and a pandemic pushing many customers to begin ordering from home. People spent less on services and more on consumer goods. For some time, carriers wreaked havoc on the industry by taking advantage of the capacity squeeze. But now, retailers are fighting for the pricing power again.
Unfortunately, a bullwhip effect is hindering their efforts.
Business Strategy 💡
Supply Chain Graphic of the Week: Gartner Hype Cycle for Supply Strategies | Supply Chain Digest
Supply Chain Digest shares an article explaining the benefits of Hype Circles in the supply chain - a blend of strategies that create what’s called a “Slope of Enlightenment.”
Industry Forecast 📊
August freight shipments and expenditures head up, reports Cass Freight Index | Logistics Management
Logistics Management Staff shares an article about August’s reported freight shipments, showing a 3.6% annual increase on the Cass Freight Index.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.