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Is air cargo really a bargain right now?

Is air cargo really a bargain right now?
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(Image: Jim Allen/FreightWaves)
This is an excerpt from Thursday’s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest.
Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth. ....

New York , United States , Long Beach , United Kingdom , British Columbia , Port Of Los Angeles , San Pedro Bay , Los Angeles , Marco Polo , Brian Bourke , Tshawn Richard , Nerijus Poskus , Andrew Rees , Jim Allen Freightwaves , Adil Ashiq , Greg Miller , Marvin Ellison , Aina Konold , Cma Cgm , Steven Madden Ltd , Crocs Inc , East Coast , Poster Child , Wolverine World Wide , West Coast , North America ,

Crocs, Inc. (NASDAQ:CROX), Lowe's Companies, Inc. (NYSE:LOW) - Is Air Cargo Really A Bargain Right Now?

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This is an excerpt from Thursday s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest.
Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth. ....

New York , United States , Long Beach , United Kingdom , British Columbia , Port Of Los Angeles , San Pedro Bay , Los Angeles , Marco Polo , Brian Bourke , Tshawn Richard , Nerijus Poskus , Andrew Rees , Adil Ashiq , Greg Miller , Marvin Ellison , Aina Konold , Cma Cgm , Steven Madden Ltd , Crocs Inc , East Coast , Poster Child , Wolverine World Wide , West Coast , North America , Logistics Chief Growth Officer Brian Bourke ,