#Cargo containers for sale California
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"California just cracked down on pollution from transportation in two major moves, part of an effort to improve air quality and cut carbon emissions at the same time.
On Friday, the California Air Resources Board unanimously approved a rule that would ban the sale of diesel big rigs in the state by 2036. The mandate, which will apply to about 1.8 million trucks — including those operated by Amazon, UPS, and the U.S. Postal Service — is reportedly the first in the world to require trucks to ditch internal combustion engines. The news came one day after California became the first state to adopt standards to limit pollution from trains.
Trucks and Diesel
The regulations are intended to improve air quality and trim carbon emissions from transportation, the source of about half the state’s greenhouse gases. Trucks and trains spew diesel exhaust, full of soot that contains more than 40 cancer-causing substances, responsible for an estimated 70 percent of Californian’s cancer risk from air pollution.
The trucking rule requires school buses and garbage trucks to be emissions-free within four years. By 2042, all trucks will be required to be “zero-emission,” meaning there’s no pollution coming out of their tailpipes. The deadline comes sooner for drayage trucks, which transport cargo from ports and railyards to warehouses — typically short routes that require less battery range. New drayage trucks must be “zero-emission” beginning next year, with the rule applying to all drayage trucks on the road in 2035.
Currently, medium and heavy-duty vehicles account for a fifth of greenhouse gas emissions statewide. In August, California clamped down on pollution from passenger vehicles with a plan to end the sale of new gas-powered cars in the state by 2035.
People breathing pollution from freeways and warehouse hubs have long called for stricter air standards. In the port cities of Long Beach and Los Angeles, some 6,000 trucks pass through every day, exposing residents to high levels of ozone and particulate matter, pollutants linked with a range of problems including respiratory conditions and cardiovascular disease. Long Beach residents who live the closest to ports and freeways have a life expectancy about 14 years shorter compared to people who live further away...
Trains and Locomotives
According to the new rules, the state is banning locomotive engines that are more than 23 years old by 2030. It also bans trains from idling for more than 30 minutes, provided that they are equipped with an engine that can shut off automatically.
The stage for the rule was set by a single line buried in the Biden administration’s proposed auto emissions rules, in which the Environmental Protection Agency said it was considering allowing states to regulate locomotives. Still, California’s new rules may spark a legal battle with the rail industry, which argues that the state doesn’t have the authority to make such sweeping changes.
Though railroads only account for about 2 percent of the country’s carbon emissions from transportation, switching to trains powered by batteries or hydrogen fuel cells would provide some benefits in the effort to tackle climate change. The public health gains would be even bigger: The California Air Resources Board estimates its new rules for trains, passed on Thursday, would lower cancer risk in neighborhoods near rail yards by more than 90 percent.
“This is an absolutely transformative rule to clean our air and mitigate climate change,” Liane Randolph, the chair of the air quality board, said ahead of the vote on the trucking rules on Friday. “We all know there’s a lot of challenges, but those challenges aren’t going to be tackled unless we move forward … if not now, when?”"
-via The Grist, 4/28/23
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Los Angeles, California Shipping Containers For Sale
Similar to what you will identify in nearby cities when it comes to shipping container availability and pricing. At this time, Los Angeles, California has a very good selection of dry / standard containers. The majority of the inventory we have access to, is in the size of 20ft, 40ft and 40ft High Cube. The conditions we usually provide for our customers include but aren't limited to; New (One-Trip), Cargo Worthy or Wind and Watertight.
For additional information about the price and specifications of available storage containers throughout Los Angeles, California. Visit our website, or send us a message.
@BlokAve Photo credit(s): Illusiongraphic
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My Reading Itinerary Monday! – Week #39 – 2024
Welcome to My Reading Itinerary Monday! Where are your books taking you this week? I will be traveling to the Caribbean and North Carolina!! Here’s what I read and what I have planned for this week. I had a great week! Escapes Completed Furever After (Magical Cats Book) by Sofie Kelly Release Date - September 3, 2024 Setting - Minnesota My Review will be up tomorrow! Bell, Book and Corpses ( Nick and Nora Mysteries) by T. C. LoTempio Release Date - September 24, 2024 Setting - California The Great Escapes Tour stops here this week for Cozy Wednesday! Lyin' Eyes: The Country Club Murders by Julie Mulhern Release Date - September 28, 2021 Setting - Missouri For My Literary Escapes Challenge. My Review will be up on Thursday! Reading Between the Crimes (A Jane Doe Book Club Mystery) by Kate Young Release Date - September 7, 2021 Setting - Georgia My #FlashbackFriday Read! Scheduled Escapes Murder in the Hidden Cargo Hold: Olivia Ocean Cruise Ship Mysteries by Denise Jaden Release Date - September 26, 2024 Setting - Caribbean Cruise The Great Escapes Tour stops here next Tuesday! A Killer Clue (A Hunter and Clewe Mystery) by Victoria Gilbert Release Date - September 24, 2024 Setting - North Carolina I will feature this book on Cozy Wednesday next week! Not scheduling a 3rd book last week worked for me so I am going to try it again. Future Escapes September 22 - 28, 2024 Please Share Your Reading Itinerary in the Comments below! Happy Reading!! Your Escape Into A Good Book Travel Agent This post contains affiliate links. If you make a purchase using my links, I will receive a small commission from the sale at no cost to you. Thank you for supporting Escape With Dollycas. Read the full article
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[ad_1] Silicon Valley enterprise capitalist Shervin Pishevar bought his waterfront Miami Seashore property for $21.2 million, a steep low cost from the $50 million he was asking for it two years in the past. Information present Pishevar's Sofreh Fund bought the mansion at 4647 Pine Tree Drive to a Delaware entity named for the tackle. The true purchaser is hidden. Jill Eber and Jill Hertzberg of the Jills Zeder Group at Coldwell Banker Realty had the itemizing, and Ada Sasson of Cervera Actual Property introduced the customer. Pishevar is a enterprise capitalist with a star-studded observe report of investments. He's a former managing director of Menlo Ventures in California's Bay Space. He left in 2013 to launch his personal fund, Sherpa Capital. His roster of early investments contains Uber, Airbnb, Slack, Lyft, Robinhood, Snapchat, Warby Parker, Tumblr, Poshmark, Lease the Runway, Quip, Opendoor, TaskRabbit and the weed supply app Eaze, based on printed studies. He additionally co-founded Hyperloop One, a transportation startup that promised to maneuver individuals and cargo in airless tubes at airplane speeds, primarily based on Elon Musk's 2013 white paper theorizing a mode of transit that might get individuals from San Francisco to Los Angeles in half-hour . The corporate shuttered in December, based on printed studies. Pishevar purchased the waterfront Miami Seashore mansion for $17 million in 2018, property data present. Inbuilt 2013 on 1 acre, the 12,800-square-foot home has 9 bedrooms, 10 loos, three half-bathrooms, a pool and a one-bedroom visitor home. In 2021, I've tapped developer Keith Menin to renovate the 12,800 sf mansion, and listed it for $35 million. He has pulled it from the market and relisted in 2022 for $50 million, Realtor.com reveals. Since December of that 12 months, the asking worth has fluctuated between $26 million and $35 million, finally closing on the discounted worth of $21.2 million. The itemizing reveals the renovations in the primary home stay incomplete. Pishevar was a part of a wave of huge title tech traders who purchased Miami Seashore mansions within the late 2010s, together with his occasional collaborator, “PayPal Mafia” member and enterprise capitalist David Sacks. Earlier this month, Sacks was linked to the $22.5 million sale of a Venetian Islands house in Miami Seashore. One other “PayPal mobster,” Keith Raboispurchased a waterfront Venetian Islands mansion for $28.9 million in 2020. Jim Goetz, the well-known WhatsApp investor, purchased adjoining Venetian Islands properties for $29.6 million in 2017 and 2019. Billionaire PayPal and Palantir co-founder Peter Thiel purchased a pair of Venetian Islands homes for $18 million in 2018, and lately gained design approval for a brand new two-story house on his property. Additionally on Pine Tree Drive, billionaire Teddy Sagi is in contract to purchase a waterfront teardown for $24 million. The Israeli Mogul, who has invested greater than $50 million in South Florida actual property developments, plans to construct himself a house on the 1.4 acre property at 4521 Pine Tree Drive. [ad_2] Supply hyperlink
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Causes Port Congestion | Shipping Containers Port congestion causes major chaotic situations in the shipping industry and has been the cause of delays in the supply chain.
#Freight container#shipping storage containers#Cargo containers for sale California#Freight shipping containers in Miami
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Tank Containers USA | Sale Cargo containers in California If you want to buy tank containers in USA in order to ship cargo like corrosive materials, liquids and gases then you have come to the right place at BOXXPORT. Tank containers make it easy to load and unload liquids as they come with top valves and lids.
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Headlines: Friday, September 25, 2020
Tea prices (WSJ) The price of wholesale tea is up 50 percent since March, hitting $3.16 per kilogram, up from $2.13 per kilogram back in March. We’re still not at the $3.29 per kilogram demanded in October 2017, but the price hike is showing little sign of stopping. Every day 3.7 billion cups of tea are consumed, with half the U.S. population consuming tea daily, most of whom like it iced. Tea production is down in major producers like Sri Lanka and India.
California Plans to Ban Sales of New Gas-Powered Cars in 15 Years (NYT) California plans to ban the sale of new gasoline-powered cars statewide by 2035, Gov. Gavin Newsom said Wednesday, in a sweeping move aimed at accelerating the state’s efforts to combat global warming amid a deadly and record-breaking wildfire season. In an executive order, Governor Newsom directed California’s regulators to develop a plan that would require automakers to sell steadily more zero-emissions passenger vehicles in the state, such as battery-powered or hydrogen-powered cars and pickup trucks, until they make up 100 percent of new auto sales in just 15 years. Ramping up sales of emissions-free vehicles in California will be an enormous challenge over a relatively short period of time, experts said. Last year, only 8 percent of the nearly two million passenger vehicles sold statewide were battery-electric or plug-in hybrid vehicles. The order would affect only new-vehicle sales, the governor’s office said. It would not prevent Californians from owning cars with internal combustion engines past 2035 or selling them on the used-vehicle market.
Venezuela’s broken oil industry is spewing crude into the Caribbean Sea (Washington Post) The sun had risen over the Caribbean Sea when Frank González spotted “the stain”—an oil slick on the water that stretched for miles. “The sea looked like butter, because of the thickness of the water,” said González, a fisherman who saw the spill this month while working off the coast of Venezuela’s Falcón state. “It was painful to see.” Venezuela’s once powerful oil industry is literally falling apart, with years of mismanagement, corruption, falling prices and a U.S. embargo imposed last year bringing aging infrastructure to the brink of collapse. As the government scrambles to repair and restart its fuel-processing capacity, analysts are warning that ruptured pipelines, rusting tankers and rickety refineries are contributing to a mounting ecological disaster in this failing socialist state. Oil workers say the gushing crude soiling the coast of Falcón state this month came from a cracked underwater pipeline linked to attempts to restart fuel production at the aging Cardón refinery. Not far from the oil slick, fishermen say, is a jetting geyser of natural gas from a second broken pipeline.
France tightens virus measures, unveils new ‘danger zones’ map (Reuters) France’s health minister unveiled a map of coronavirus “danger zones” around the country on Wednesday and gave the hardest-hit local authorities, including that of Marseille, days to tighten restrictions or risk having a state of health emergency declared there. Olivier Veran told a news conference the country would be divided into zones by alert level with Marseille, the second-largest city, and the French Caribbean island of Guadeloupe for now the only two areas put on the “maximum” alert level. Like other European countries where the infection rate has soared in the past month, France has been gradually tightening limits on public and private gatherings locally, hoping it will be enough to contain the disease and avoid a second national lockdown. Among other measures, there will be a ban on public gatherings of more than 10 people and, in “maximum” alert level areas like Marseille, bars and restaurants will be closed from Saturday.
Protests Reignite After News of Secret Belarus Inauguration (Foreign Policy) Longtime Belarusian President Aleksandr Lukashenko was sworn in to extend his 26-year rule at a secret ceremony in Minsk on Wednesday, emphasizing the embattled leader’s shrinking authority and increasingly precarious hold on power. No prior announcement was made regarding the ceremony, prompting thousands of protesters to flood the streets of Minsk to rally against Lukashenko once the news broke. Opposition leaders, who have put immense pressure on Lukashenko since he claimed victory in a landslide on Aug. 9 amid widespread accusations of voter fraud, called the inaugural ceremony a “thieves’ meeting” and a “farce.” In a statement, a spokesperson of the U.S. State Department said that “the United States cannot consider [Lukashenko] the legitimately elected leader of Belarus.” The European Union has already said it doesn’t recognize Lukashenko as president.
In India, engineers and MBAs are turning to manual labor to survive the economic crash (Washington Post) On a recent muggy afternoon in southern India, Earappa Bawge hacked at the ground with a pickax, his white shirt pasted to his back. Each dull thud reminded him of how far his hopes had fallen. Just months ago, the 27-year-old engineer was poring over project files in an air-conditioned room at a factory hundreds of miles away. The job was a ticket out of rural poverty for Bawge’s entire family, who had sacrificed for years so he could complete his studies. Now he was back in the village where he was born, propelled by a wave of economic destruction rolling across India during the pandemic. To survive, Bawge began digging ditches under a public works program. Alongside him were a former bank employee, a veterinarian and three MBA students. At the end of the day, each received $3.70. “If I don’t work, we don’t get to eat,” said Bawge, flicking beads of sweat from his brow. “Hunger trumps any aspiration.” As India’s economy reels in the aftermath of one of the world’s strictest lockdowns, a rural employment program has emerged as a lifeline for some of the tens of millions left jobless. The government program—which aims to guarantee 100 days of unskilled work in rural areas—was intended to combat poverty and reduce the volatility of agricultural wages. Now it is a potent symbol of how the middle-class dreams of millions of Indians are unraveling.
China to let in more foreigners as virus recedes (AP) Foreigners holding certain types of visas and residence permits will be permitted to return to China starting next week as the threat of the coronavirus continues to recede. The new regulation lifts a monthslong blanket suspension covering most foreigners apart from diplomats and those in special circumstances. Beginning Monday, foreign nationals holding valid Chinese visas and residence permits for work, personal matters and family reunions will be permitted to enter China without needing to apply for new visas, according to the regulation. Those whose permits have expired can reapply. Returnees must undergo two weeks of quarantine and follow other anti-epidemic measures, the regulation said.
Xinjiang crackdown continues (The Guardian) China has built nearly 400 internment camps in Xinjiang region, with construction on dozens continuing over the last two years, even as Chinese authorities said their “re-education” system was winding down, an Australian think tank has found. The network of camps in China’s far west, used to detain Uighurs and people from other Muslim minorities, include 14 that are still under construction, according to the latest satellite imaging obtained by the Australian Strategic Policy Institute. In total ASPI identified 380 detention centers established across the region since 2017, ranging from lowest security re-education camps to fortified prisons.
Grand Theft Ayatollah (Foreign Policy) Iran’s elite Islamic Revolutionary Guard Corps is investing in a new video game in which Iranian paramilitaries rescue George Floyd from U.S. police, according to Khosro Kalbasi, a reporter for Iran’s independent Financial Tribune. It’s not the first time Middle Eastern powers have used video games and cartoons to make foreign-policy commentary: In 2018, a pro-Saudi group produced an animated video depicting Crown Prince Mohammed bin Salman commanding a successful invasion of Iran.
Lebanon asks world’s help ‘trying to rise from its rubble’ (AP) Facing an economic meltdown and other crises, Lebanon’s president on Wednesday asked for the world’s help to rebuild the capital’s main port and neighborhoods that were blown away in last month’s catastrophic explosion. President Michel Aoun made the plea in a prerecorded speech to the U.N. General Assembly’s virtual summit, telling world leaders that Lebanon’s many challenges are posing an unprecedented threat to its very existence. Most urgently, the country needs the international community’s support to rebuild its economy and its destroyed port. Aoun suggested breaking up the damaged parts of the city into separate areas and so that countries that wish to help can each commit to rebuilding one. Earlier Wednesday, U.N. Secretary-General Antonio Guterres called for swift formation of a government to be followed by tangible steps to implement economic, social and political reforms. Lebanon’s government resigned under pressure in the wake of the port explosion, and Prime Minister-designate Mustapha Adib has been unable to form a new government amid a political impasse over which faction gets to have the Finance Ministry, as well as other disputes. “Without such action, the country’s ability to recover and rebuild will be jeopardized, adding to the turmoil and hardship of the Lebanese people,” Guterres added.
Israel’s Netanyahu brings his dirty laundry to Washington. Literally. (Washington Post) Most politicians go to great lengths to conceal their dirty laundry. And then there’s Prime Minister Benjamin Netanyahu. Over the years, the Israeli leader has developed a reputation among the staff at the U.S. president’s guesthouse for bringing special cargo on his trips to Washington: bags and suitcases full of dirty laundry, according to U.S. officials familiar with the matter. The clothes are cleaned for the prime minister free of charge by the U.S. staff, a perk that is available to all foreign leaders but sparingly taken advantage of given the short stays of busy heads of state. “The Netanyahus are the only ones who bring actual suitcases of dirty laundry for us to clean,” said one U.S. official, who like others spoke on the condition of anonymity to discuss the details of a foreign leader’s visits. “After multiple trips, it became clear this was intentional.” Israeli officials denied that Netanyahu overuses his American hosts’ laundry services, calling the allegations “absurd,” but they acknowledged that he has been the target of laundry-related accusations in the past. In 2016, Netanyahu sued his own office and Israel’s attorney general in an effort to prevent the release of his laundry bills under the country’s freedom of information act. The relatively minor accusation joins a longer list of corruption allegations that have threatened the 70-year-old leader’s hold on power and triggered protests in Israel this month.
Australian offers free coffee, chat from his kitchen window (AP) It all started when Rick Everett walked out of his home in Sydney and put up a sign on his kitchen window that read: “Free coffee to combat the virus.” It was March, and the Australian acrobat had lost his job during the coronavirus pandemic. With more free time, he felt he could help out others in need. And he knew how to bake and cook after managing a chocolate and coffee shop and a pizza restaurant. When he started, he said the window would be open whenever he was home. He stressed that it wasn’t a coffee shop business; he just wanted to do something nice and meet his neighbors for a friendly chat during a difficult time. “Think of it as popping over to your mates for a coffee only it is a friend you have not met yet,” he wrote on a sign. “I am not selling anything. This is a gift and all it will cost you is a smile.” Soon his neighbors began to stop by, bringing him everything from cakes and loaves of bread to a six-pack of beer. Strangers began to recognize him on the street and wave hello. “It’s like I live in a small town again, and it’s really beautiful,” he said. “And what’s even more beautiful is people ring my coffee bell just to talk,” he said. “They don’t even want a coffee! They don’t want to take anything from me, but they’re most happy to have a conversation with me, which is really nice.”
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That Which You May Do About Moving Company Hayward Starting Next 10 Minutes
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Southwest Mobile Storage has been providing City of Menifee clients with storage and cargo shipping containers since 1995. Call 1-619-498-1920 for a quick quote!
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Southwest Mobile Storage has been providing City of Moreno Valley clients with storage and cargo shipping containers since 1995.
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California farmers are making ingesting water from tomatoes
Uncooked tomatoes are usually processed into varied merchandise, together with tomato paste, ketchup and sauce. Within the course of, tomatoes often give out about 95% of water, which is then drained out as waste. Now Ingomar Packing, a tomato processing firm, has turned to know-how to reap and purify water for ingesting. Proceed studying beneath Our Featured Movies The know-how was first invented in Australia a couple of decade in the past however has by no means been used within the U.S. If the concept is adopted, tomato processing won’t solely assist save water, however will even improve the financial worth of tomato farming. Associated: New genetically modified purple tomato might inventory cabinets “We harvest the water that naturally happens in fruit and veggies,” mentioned Terry Paule, CEO of Botanical Water Applied sciences. “What we do is we cleverly catch that evaporative condensate, after which we run it by means of our purification course of.” Thanks! Hold a watch out for our weekly e-newsletter. Be a part of Our E-newsletter Obtain the most recent in international information and designs constructing a greater future. SIGN UP SIGN UP The corporate has put aside a water processing unit the place Botanical Water’s Water Harvesting Models are contained to a cargo delivery container for transportation functions. The containers are then linked to Ingomar’s pipes. The water is purified and stored in tanks prepared for provide in case there’s a want within the native space. “What we’re hoping is to increase our footprint right here with this know-how and hopefully begin a development with amenities world wide the place this potential is untapped proper now,” mentioned Greg Pruett, Ingomar Gross sales & Power Supervisor. Though the models are fairly expensive, the corporate is optimistic that the models will yield returns within the close to future. The primary tanks of water collected are being utilized by the Central California Irrigation District to recharge groundwater. “Our objective in the end is to positively affect 100 million of the world’s most weak folks by 2025,” mentioned Paule. Through CBS Information Lead picture through Pexels Originally published at San Jose News HQ
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Learn how to select the best truck canopy for your truck topper camping adventure, including information on the various build types of. We'll show you how you can build your own truck bed camper and overlanding rig!. Jerome, ID.All things DIY truck camper build related, from sleeping platform design to dual battery setup, and all things in between. Salt Lake City, UT **AS IS** We recovered this truck bed camper in the exact condition shown in ph. Truck and Camper For Sale Awesome Earth Roamer matching 1996 Dodge 3500 1-t. I stumbled across this the other day, looking for a replacement for my Wildernest. Because of the regulations for length, this style of rig was very popular in it's day.Cabover Camper. The nose of the semi is flat and the truck cab sits on top of the diesel engine and steering axle. Type: Hard-side, single-slide.What Exactly is a Cabover Truck? Cabover trucks, COE (cab over engine), are essentially a style of big rig truck without a hood. This model even boasts 6'7" headroom, so it's perfect for taller travelers (Photo Credit: Northwood) For: Flat-bed trucks. The interior of the Arctic Fox 1150 truck camper shows just how spacious these little campers can be. 4) Arctic Fox 1150 Truck Bed Camper by Northwood - From $32,286.
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LOTUS Containers is the worldwide market leader of shipping containers. We deal in new and old shipping containers. LOTUS Containers is a one-stop place for you to get work done, starting from buying the containers to the intermodal transportation to eventually delivering the shipment at the desired location. It has a huge presence in the USA with offices in Miami, New York etc. which makes it easy to dispatch and deliver shipping containers in California. All you need to do is contact us for the shipping or storage containers and then we will ensure that you get the right cargo containers in California, USA.
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When the dust settled from Dieselgate, Volkswagen's reputation was in tatters. U.S. prosecutors indicted former CEO Martin Winterkorn for violating the Clean Air Act, conspiracy to defraud the United States, and wire fraud (although his extradition is unlikely). After the EPA refused to clear VW's new models for sale, the company agreed to pay the United States $4.7 billion in restitution—a sum that, if used wisely, has the potential to transform the country's transportation system. The VW settlement, reached in fall 2016, called for the establishment of a $2.7 billion Volkswagen Mitigation Trust, to be used for purchasing technology to remove the same amount of nitrogen oxide that the company's diesel fleet put into the atmosphere for eight years. These "mitigation funds" will be split among the states according to how many of the polluting cars were sold and driven in each. VW must also invest another $2 billion in electric-car-charging infrastructure and the promotion of zero-emission vehicles (ZEVs). California gets $800 million from that pot of money, with the rest of the ZEV Investment Fund split among the other states.
State by state, plans are taking shape that could put those billions to work electrifying soot-spewing bus fleets and converting diesel-belching ferries to clean battery power. The investment is expected to launch a building boom in electric-car-charging networks and to decarbonize dirty rail-yard and dockside engines and cranes. Seed money from the Volkswagen settlement could also allow cities, school districts, and businesses to purchase big-ticket items such as electric transit and school buses, which have a daunting up-front price but a lifetime cost that's more manageable because of radically lower fuel and maintenance costs.
To the delight of environmental organizations and child health advocates, school bus replacement has emerged as an early favorite in a number of state plans.
Illinois plans to dedicate $10 million of its $109 million share to electric school buses; Missouri is setting aside $12 million out of $41 million for cleaner buses, with no fuel type specified. Oklahoma will spend 20 percent of its $21 million on nondiesel buses. California, which gets the largest payout from the mitigation trust—$423 million—is devoting $130 million to zero-emission buses of all types, with school buses receiving up to half that amount, according to the state's draft plan. Transit buses are another popular focus. Washington State plans to devote up to 45 percent of its $112.7 million to electrifying transit buses, plus a similar amount to marine transport, converting portions of the massive ferry fleet that plies the Puget Sound from old-school diesel to electric-battery power. Part of that money will also likely go to shore power for cargo vessels at the Port of Seattle, so docked container ships and other marine vessels can shut off their engines.
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Big U.S. Retailers Charter Private Cargo Ships Amid Port Delays
Global supply-chain delays are so severe that some of the biggest U.S. retailers have resorted to an extreme—and expensive—tactic to try to stock shelves this holiday season: They are chartering their own cargo ships to import goods.
Port delays, Covid-19 outbreaks and worker shortages have snarled the flow of products between Asia and North America, threatening the supplies of everything from holiday decorations and toys to appliances and furniture. It is taking roughly 80 days to transport goods across the Pacific, or twice as long as before the pandemic, retail and shipping executives said.
Walmart Inc., WMT 0.30% Home Depot Inc., HD -0.93% Costco COST -0.23% Wholesale Corp. and Target Corp. TGT -0.40% —some of the biggest U.S. retailers by revenue—are among the companies that are paying for their own chartered ships as part of wider plans to mitigate the disruptions, a costly and unattainable option for most companies. Some of the chains are passing along these added costs by raising prices for shoppers.
The chartered ships are smaller than those that companies like Maersk operate and move just a small slice of total imports, the executives said. Ships that can hold around 1,000 containers are on average nearly twice as expensive as the cost of moving cargo on a typical 20,000-container vessel, according to freight forwarders.
Walmart is one of the retailers paying for chartered ships to keep shelves filled for the holiday rush.
Photo: Joe Raedle/Getty Images
But the charters provide the big retailers with a way to work around bottlenecks at ports such as Los Angeles, by rerouting cargo to less congested docks such as Portland, Ore., Oakland, Calif., or the East Coast. It also could help retailers ensure that key products such as electronics and décor arrive for the holiday season.
Shipbrokers said small vessels chartered for point-to-point voyages now earn around $140,000 a day, multiple times more than levels before the pandemic, when such sailings were rare because of the high cost. “They at least know that the inventory will arrive in time for the Christmas rush,” said Vicky Zervou, a sales manager at Athens-based freight forwarder Aritrans SA.
In May, Home Depot executives were looking for new ways to bring in goods in a timely fashion when they struck on the idea of chartering their own ship, something the company had never before done. “It was almost started I think as a joke,” said Sarah Galica, vice president of transportation at Home Depot. “Let’s just charter a ship.”
Products coming in on chartered ships make up a small percentage of Home Depot’s overall import volume, she said, but the shift allows the company to have more control over when products arrive in stores and give priority to the most in-demand products. For Home Depot, the charters are moving plumbing supplies, power tools, holiday décor, heaters and other items.
Cargo vessels have been stuck in bottlenecks off the Southern California coast.
Photo: frederic j. brown/Agence France-Presse/Getty Images
Richard Galanti, Costco’s chief financial officer, said the retailer has chartered three ships, each capable of carrying around 1,000 containers, to bring goods between Asia and North America. Each vessel will be making up to 10 deliveries for Costco over the next year. Those ships will account for under 20% of the warehouse retailer’s import volume from Asia next year, he said.
The charters are more expensive than shipping through Costco’s typical carriers, Mr. Galanti said, but give “us some amount of our total that we control.” For example, he said it provides the ability to bring a ship to a new port if it faces port congestion and can’t unload its wares. Costco also wants to give priority to seasonal merchandise that has to sell at a specific time of year, he said.
Walmart, the country’s largest retailer with more than $500 billion in annual revenue, has chartered its own ships before this year, having used the strategy during the Los Angeles port strikes in 2012.
The ships give Walmart visibility on arrival times and freight pricing, a spokesman said. Because of port congestion in Los Angeles, Houston and Savannah, Ga., some chartered ships are being rerouted to smaller, less busy ports, such as Mobile, Ala., the spokesman said. In recent weeks, Walmart also sent its own employees to the congested ports to help facilitate landings, he said.
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Chartering ships is a tactic that is out of financial reach for small retailers, giving large companies a potential advantage in the coming months.
Podzly LLC, a small Papillion, Neb., party-supply retailer that sells online, has about half the inventory it would like because of shipping delays, eating into revenue, said founder Jeremy Podliska. The company is paying about 55% more for products it does receive compared with 2019, he said, often broken into small quantities that arrive piecemeal. Chartering a dedicated ship or airplane is “just not an option for us” as a small company, Mr. Podliska said.
Two years ago the company sold a 12-pack of sombrero party hats for around $32, Mr. Podliska said. Today, the same pack is sold for $52, he said, and the price will likely go up more as he sells through new inventory that arrives with higher shipping costs. He hopes shoppers will stomach the increases, he said.
“My guess is there is some limit to how much you can charge for a sombrero,” he said.
Meanwhile, delays at major U.S. ports continue to escalate. More than 60 boxships were waiting to pull into the ports of Los Angeles and Long Beach recently, according to the Marine Exchange of Southern California, up from around 25 a month earlier. Backups are spreading to East Coast ports as well.
At Dollar Tree Inc., DLTR 0.58% regular shipping carriers are fulfilling around 60% of their contracted commitments with the discount retailer, Chief Executive Michael Witynski said in September.
“‘My guess is there is some limit to how much you can charge for a sombrero.’”
— Jeremy Podliska, founder of Podzly, a party-supply retailer
The 16,000-store company is securing dedicated space on chartered vessels for the first time, Mr. Witynski said, including one large vessel contracted for three years. Dollar Tree aims to add more charters this year, he said, as well as source more products domestically and internationally that don’t rely on trans-Pacific routes. It also is adding higher-priced products to its stores, as transport and other costs rise.
Freight forwarders said Covid-19 disruptions still haunt the big ports and the big ships that use them. They said it is common for a big boxship carrying empty containers from Europe to be held for a week outside Shanghai, while the crew is tested for the virus.
Capital Maritime Group, which operates 108 vessels of all types, had a client charter a 2,000-container ship to move furniture and sports clothing from China to Liverpool, England, said Evangelos Marinakis, the Athens-based company’s chairman.
“‘Using small boxships for transoceanic point-to-point sailings is something we’ve never seen before,” Mr. Marinakis said, adding that small boxships offer strong profits to the company. In addition to retailers, large companies that supply stores, like Coca-Cola Co. KO 0.45% , are also chartering boats to get around disruptions.
Moving a container across the Pacific on a chartered ship costs nearly twice as much as shipping via major cargo liners, which stood at $16,750 per 40-foot container last week, up from about $5,000 at the same time last year, according to the Freightos Baltic Index.
Freight rates remain elevated “but they have leveled off and we don’t expect another spike,” said Jonathan Roach, a container shipping analyst at London-based Braemar ACM Shipbroking. “The supply chains are still rattled, but come next year, it may not make sense for the Targets and Dollar Trees to keep using private charters.”
Write to Sarah Nassauer at [email protected] and Costas Paris at [email protected]
Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Shortage Warning By Nike And Costco
According to BBC
US sportswear giant Nike and US retail giant Costco both say they are facing product shortages and delays due to global supply chain problems.
Nike said production and delivery of its shoes would impacted until next spring, as it struggles with shipping issues and a worker shortage in Asia.
Meanwhile, Costco has re-imposed limits on items like toilet paper.
It says customers are stockpiling again amid Covid fears, but it is also struggling to ship goods to its shops.
On Thursday, Nike said it had cut its sales outlook for the year due to the ongoing disruption.
"We are not immune to the global supply chain headwinds that are challenging the [manufacturing] and movement of product around the world," chief financial officer Matthew Friend said.
"We expect all geographies to be impacted by these factors."
Record backlog of cargo ships at California ports
The firm's factories in Vietnam and Indonesia, which make three quarters of its shoes, have been hit by local lockdowns. In Vietnam alone it has cost the firm 10 weeks of production this year.
Meanwhile, the time it takes to get its products from Asia to North America has doubled, from around 40 to 80 days. Nike has also seen transit times rise in North America, Europe, and the Middle East and Africa due to "port and rail congestion and labour shortages".
Costco - a membership only retailer - said on Thursday it was reinstating limits on purchases of key items including toilet rolls, bottled water and some cleaning products.
It said it was partly due to a resurgence in panic buying, but it is also struggling to find trucks, drivers and shipping containers to get goods to its stores.
The retailer has even chartered three of its own ocean liners to move products between Asia and North America over the coming year.
"The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw materials and ingredients, labour cost pressures and truck and driver shortages," said Costco's chief financial officer, Richard Galanti.
"Various major brands are requesting longer lead times, and in some cases, difficulty in finding drivers and trucks on short notice".
Since economies have reopened, retailers around the world have faced widespread disruption amid a surge in demand for imports.
In the US it's contributed to shortages of children's toys, timber, new clothes and pet food, while also pushing up consumer prices.
Brands including toymaker Hasbro and sportswear giant Adidas have warned of potential supply bottlenecks going into the crucial holiday season.
And last week, a record 73 ships were forced to queue outside two major US ports, Long Beach and Los Angeles, as port staff scrambled to clear the backlog. Before Covid, it was unusual for more than one to wait for a berth.
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