NY & NJ Ports to issue “container imbalance fee” beginning September 1


Good morning! National Chocolate Chip Cookie day has arrived. Why do we always mention days celebrating food, you ask? Well, why not? 🍪

Last year, the New York and New Jersey ports announced high fees for containers that were loitering over nine days at the port complex - but never implemented the program. Now, over halfway through 2022, the ports have announced another plan set to be enforced on September 1st. Reduced port productivity due to high volumes of containers has forced the ports to act.

Check out today’s featured article from SC Digest to read about the Ports of New York and New Jersey’s plans to reduce congestion of shipping containers with a quarterly “container imbalance fee,” beginning September 1st. ☕️

Cartoon container ship has containers loaded into its ship by a crane on a port.

Loading Shipping GIF By HHLA via GIPHY


Featured Article:

Global Supply Chain News: Now Port of New York and New Jersey to Levee Fees for Overly Long Container Storage - SC Digest

“Last fall, the ports of Los Angeles and Long Beach announced very high fees for containers not moving for more than nine days at the port complex – but the fees were never implemented, as the threat quickly led container dwell times drop significantly.”

READ THE SC DIGEST ENTIRE ARTICLE HERE

Water Cooler Topics

🚴‍♀️ Peloton, the company popular for its at-home exercise bikes and treadmills, has announced it will no longer manufacture its exercise equipment due to deflating demand and the need for supply chain simplification. The company’s Tonic Fitness Technology facility in Taiwan has been responsible for manufacturing the equipment and will operate until the end of 2022. Peloton, which saw sky-rocketing sales amid the pandemic stay-at-home orders, recently laid off roughly 20% of its corporate workforce after its sales slumped. The company has also ceased operations of building a U.S.-based factory in Wood County, Ohio.

🔋 The California Air Resources Board (CARB) has announced new forklift regulations for that state, affirming the push for all-electric, zero-emission vehicles… even indoors. CARB says that they will ban the sales of any non-zero-emissions forklifts by 2026, leaving many to wonder what improvements and challenges this will bring to the industry. At that point, any forklifts that do not fall in line with zero-emissions requirements that are thirteen years old or older will need to be removed from operation. Fleets and warehouses will need to plan accordingly in order to comply with these new regulations.

🚛 Truckers have two main priorities according to a recent data release by PDA (People Focused, Data Driven): better equipment and increased compensation. This data was acquired from thousands of phone calls with truck drivers over the second quarter of 2022, gathered in part to assist trucking companies to curb the massive amounts turnover with accurate suggestions and complaints. An increase in mechanical/breakdown issues seems to be a major culprit in the persistence of improved equipment.


The CHIPS Act bets billions on chip manufacturing, but will it work?

The CHIPS Act, passed by the Senate with a 64-33 vote last week, promises $52 billion to boost American semiconductor manufacturing on its own soil. The ongoing chip shortage seems to be the catalyst for the legislation, but many experts are warning that the efforts will be in vain… at least for now.

The US. The Commerce Department is responsible for allocating the bulk of the bill - $39 billion - to companies that will expand or build new manufacturing facilities in the U.S. The funds will be dispersed over a period of five years and may elongate the time any benefits will be brought to the semiconductor industry.

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Regulations ⚖️

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Repair & Maintenance 🧰

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Cab Tech 🚛

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Industry Forecast 📊

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Inflation 💸

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Owner-Operators 🚛

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“The Port of Oakland last week cleared out the truckers that came from throughout the state to protest AB-5— a state law making it more difficult for truck drivers, and other workers, to operate as independent businesses.”


Electric Vehicles 🔋

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Customer Relations 🤝

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Zelenskiy: First Grain Ship ‘Nothing’, More Ships Are Needed ASAP - G Captain

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Infrastructure ⚙️

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Quote of the Day:

Containers sitting on a port dock under a grey sky.

“Today’s Accomplishments Were Yesterday’s Impossibilities.”

Robert H. Schuller, American motivational speaker



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