65 Ships Anchored in LA and LB Ports

February 18, 2021

What to expect?

Carriers will stop taking bookings for LA/WC service OR reduce dramatically for a few weeks
They will probably try to break it up over a period of time, for example 2 weeks on/2 weeks off or 3 to 1 etc. rather than not ship to the WC at all for weeks on end…
This means other ports, which are also congested, will become even more so
This will help the LA congestion but will continue to exacerbate the inconsistent schedules we are now facing
It will be 3 months at the earliest before we are anywhere near “normal” in terms of ocean space/schedule – very likely it will take longer
Chaos and lack of capacity or available equipment will continue to keep the rates high in this trade

Here is some more information from Senior Editor Kim Link-Wills of FreightWaves:

https://www.freightwaves.com/news/62-ships-at-anch...

MEMO: India Tariffs

US Customs has updated their system to reflect the removal of the 25% India/Russian oil tariff, and this is effective for shipments that arrived on or after Feb 7th, 2026.

MEMO: ACE PORTAL ACH Refund Authorization

US Customs regarding instructions on signing up for ACE PORTAL account and setting up the ACH Refund Authorization

Pegasus Market Update Q4 2025:No.23

Rates are moving down consistently from the increases assessed November 1, even with schedule being significantly reduced (see attached) - we expect rates to continue a flat to down trajectory for the remainder of the year and into 2026.

Pegasus Market Update Q3 2025: No.22

I hope everyone had a wonderful summer. While the dark clouds may be forming around the 4th quarter and international trade in general, remember that we, as an industry, are resilient and innovative. There is always a way... Funny enough, I had planned on sending this last month, but with the consistent changes from August through even today, it seemed like an exercise in futility, which is not my favorite exercise.