Due to the logistics crisis in the western US port, a large retailer has an emergency ahead of the end of the year.
Reuters reports that retailers have jumped into 'container-ageddon' to secure cargo ships after severe bottlenecks in the ports of Los Angeles and Long Beach, which handle more than half of US imports, have emerged.
Containergeddon is a compound word of container and Armageddon.
According to Reuters, more than 60 container ships carrying billions of dollars worth of imports are currently stranded in the waters off the ports of Los Angeles and Long Beach without being unloaded.
Due to the global supply chain disruption caused by the COVID-19 outbreak and the increase in imported cargo from the United States ahead of the end of the year, container ship arrivals and cargo loading and unloading operations have become stagnant.
The port turmoil, which started a few weeks ago, is still unresolved, with up to 71 cargo ships at its worst.
It is estimated that about 500,000 containers were loaded on these cargo ships, and clothes, furniture, and electronics were loaded.
The situation was further exacerbated by the recent oil spill in California.
On the 1st, an undersea oil pipeline extending from an offshore oil drilling facility near Huntington Beach, Orange County, was damaged, spilling 540,000 liters of crude oil, making the sea offshore full of oil.
Early reports from coast guard authorities investigating the cause of the crash are looking into the possibility that the anchor of a German cargo ship waiting to enter port got caught in an oil pipeline, causing the accident, according to Bloomberg.
(Photo = Getty Images Korea)