global trade port ningbo
Leveraging automation and machine learning to ease port

In an increasingly fragmented global supply chain, ongoing port congestion has reached a tipping point, with many major ports struggling to handle incoming and outgoing cargo. Highlight The congestion level of each port is as follows: in the first half of 2024, the average waiting time at Durban Port is 8 days; the average waiting time at Ningbo-Zhoushan Port is 6.1 days; the average waiting time at Vancouver Port is 4.28 days; the average waiting time at Los Angeles Port is 3.6 days; and the average waiting time at Chittagong Port is 3.4 days. In addition, Estimated At risk is $131 billion in trade at ports such as Singapore, Tanjung Pelepas and Port Klang, where cargo has been severely backlogged in recent months, largely because ships have been diverted around the Red Sea. See also: Riding the wave: Examining the looming threat of port congestion As congestion periods become more frequent, costly and prolonged, targeted deployment of automation can streamline…