Timeline to overcome global shipping backlog: several weeks to months
It could take several weeks to months to overcome the global shipping backlog.
The Port of Los Angeles reports that February volume jumped 47 percent compared to a year ago. Typically there is no wait, but delays now average more than a week.
In the world’s busiest container trans-shipment port, Singapore, the sailing schedule reliability has hit a 10 year low. Ports were already experiencing long waits and high demand for shipping containers due to the pandemic, then last month’s blockage in the Suez Canal added insult to injury.