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product at risk of total loss, including 68 million-pounds of milk powder and 10 million-pounds of butter. simon and his partners aren t alone. according to an industry group u.s. dairy has lost over a billion dollars because of the recent shipping slowdowns. so shipping will slow down but your cows can t slow down their milk production? these cows don t stop. during the entire pandemic that has been the problem we can t just turn off the valve. reporter: so you saw end to end transit times go from 43 days in 2019 to 78 days last month? that is right, douglas. the whole system is not coping with the current volumes. reporter: lee is from the fredos group, a online cargo booking platform which also tracks shipping trends. he says delays have been caused by a shortage in truck chassis, a lock of truck drivers and limited space at storage
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you said end-to-end transit times go from 43 days in 2019 to 78 days last month. that s right. the whole system is not coping with the volumes. an online cargo booking platform that tracks shipping trends. he says delays have been caused by a shortage in truck chassis, a lack of truck drivers, and limited space at storage facilities. a perfect storm of problems clogging west coast ports. you are also seeing prices soar ten times what they were two years ago. that s right. the price in 2019 was 1,300 to ship a container from china to the u.s. west coast. that reached as high as 20,000 this year. last month president biden mandated ports stay open 24 hours a day to ease the backlog. but this man doesn t see things
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In the second session in
Air Cargo World‘s 2021 webinar series, panelists Richard Broekman, SVP global sales and commercial development, Atlas Air; Asok Kumar, EVP, head of airfreight, region Americas, DB Schenker; Peter Penseel, COO of airfreight, CEVA Logistics; and Maulin Vakil, managing director of cargo customer care and performance, American Airlines, discuss “Commercial Shifts in Cargo Booking: New Approaches for Future Success.” Session topics included:
Update on technologies enabling digital quotes, sales and insights
Capacity arrangements and market visibility in a volatile market
What’s new in shipment terms, conditions and stipulations
The role of the forwarder in the e-booking landscape
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