A trade lane (or trade route) refers to a specific pathway along which goods are transported between two or more locations, typically across international borders. Trade lanes are established based on the flow of goods and the economic relationships between countries or regions. They encompass both maritime and air routes and play a crucial role in global supply chains by facilitating the movement of goods and fostering international trade.
Transit time refers to the duration it takes for goods or shipments to travel from their origin to their destination. It is a crucial metric in supply chain and logistics management, as it directly impacts delivery schedules, inventory levels, and customer satisfaction. Transit time encompasses the entire journey of a shipment, including transportation, handling, and processing at various checkpoints along the route.
Transloading refers to the process of transferring goods or cargo from one mode of transportation to another, typically from one type of truck or railcar to another, or from rail to truck and vice versa. This logistical practice is often employed to optimize transportation routes, reduce costs, and improve overall efficiency in supply chain operations.
A Transportation Management System (TMS) is a specialized software solution designed to streamline and optimize transportation and logistics operations within supply chains. It provides functionalities to effectively manage and control the movement of goods from origin to destination.
Transportation lead time refers to the duration it takes for goods to be transported from the point of origin to the final destination. It encompasses the time required for transportation activities, including loading, transit, and unloading, across various modes of transport such as road, rail, air, or sea.
A transshipment is the process of transferring goods from one transportation vehicle or vessel to another during their journey from origin to destination. It typically occurs at intermediary points along the supply chain route, where cargo is transferred between different modes of transportation, carriers or vessels.
Twenty-foot Equivalent Unit (TEU) is a standard unit of measurement used in the shipping industry to quantify the cargo-carrying capacity of container vessels. It represents the volume of a standard twenty-foot-long shipping container.
An Ultra Large Container Vessel (ULCV) is a massive container ship used on major trade routes, capable of carrying over 14,000 TEUs.
Vendor Managed Inventory (VMI) is a supply chain management strategy where the supplier or vendor takes responsibility for managing the inventory levels of their products at the customer's or retailer's location. In this arrangement, the vendor monitors the inventory levels based on agreed-upon criteria such as sales data or inventory levels, and initiates replenishment as needed.
Verified Gross Mass (VGM) is a term used in the shipping industry to refer to the total weight of a packed container, including its contents and packaging materials. It is a crucial requirement mandated by the International Maritime Organization (IMO) under the Safety of Life at Sea (SOLAS) convention to enhance safety in maritime transportation.
A floating structure with its own mode of propulsion designed for the transport of cargo and/or passengers. In the Industry Blueprint 1.0 "Vessel" is used synonymously with "Container vessel", hence a vessel with the primary function of transporting containers.
A vessel sharing agreement (VSA) is a cooperative arrangement between shipping companies that allows them to share space and resources on vessels for specific routes.
Vessel bunching refers to the situation where multiple vessels arrive at a port simultaneously or within a short period, leading to congestion and delays. This clustering of vessels can overwhelm port facilities, causing extended wait times for berthing, loading, and unloading operations.
A vessel call sign is a unique identifier assigned to a ship for radio communication purposes. It is used to distinguish the vessel from others in maritime communication systems, including VHF radios and satellite communications.
A vessel omission (sometimes called a port omission) occurs when a scheduled vessel does not call at a planned port during its voyage. This disruption means that the vessel skips the port entirely, which can impact the transportation and delivery schedules of goods.
In cargo shipping, vessel rotation is the planned sequence of port calls that a shipping vessel follows on its route to optimize cargo loading and unloading operations.
The timetable of departure and arrival times for each port call on the rotation of the vessel in question.
A journey by sea from one port or country to another one or, in case of a round trip, to the same port.
Warehouse utilization is a logistics metric that refers to the effective use of available warehouse space for storing goods and inventory.
Order for specific transportation work carried out by a third party provider on behalf of the issuing party.
Logistics yard management refers to the process of overseeing and controlling the movement of trucks, trailers, containers, and other vehicles within a yard or distribution center. This includes tasks such as scheduling, tracking, and coordinating the arrival, departure, and storage of these vehicles.

Global Port Congestion: 68% of Major Ports See Anchor Times Increase in 2024
With the Red Sea crisis, port strikes, a series of extreme weather events and even a container explosion in Ningbo causing havoc for supply chain operators, port congestion was a hot topic in 2024.
Global interest in the topic spiked in June, reaching a level of interest not seen since the COVID-19 pandemic.

But just how bad of a year was it in terms of port congestion?
Of 88 analyzed ports, 60 (68%) recorded longer average vessel anchor times in 2024 compared to 2023. The increases were, however, for the most part minor with 34 of these 60 ports recording increases of less than two hours. 30% of ports saw increases of more than 2 hours and a modest 15% recorded reductions in congestion of more than two hours.
Distribution of ports by change in average anchor times (2024 vs. 2023)
Which Ports Recorded the Biggest Changes in Port Congestion?
The most significant increases were observed in Durban (+1.26 days), Santos (+0.85), Charleston (+0.72), Vancouver (+0.68), and Manila (+0.65), with no other ports recording an increase exceeding 10 hours.
Ports with largest increases in average anchor times (2024 vs. 2023)
Among improved ports, Mersin (Turkey) led the way, reducing anchor times by more than two days. Gdansk (Poland) also reported a half day reduction, but no other port saw a decrease of more than 10 hours
Ports with largest decrease in average anchor times (2024 vs. 2023)
Regional Port Congestion Trends
The effects of disruption were not uniformly felt across regions. While European, SE Asian an North American ports saw year-on-year increases ranging from 28-35%, East Asia and the Middle East saw improvement over 2023 levels.
Average anchor times by region (2024 vs. 2023)
North America
North American ports continue to rank among the world’s most congested. The average anchor time across ports in the region was 0.6 days (14 hours), an increase of approximately four hours compared to 2023.
Of 11 analyzed North American ports, nine saw increases in average anchor times with Charleston (+0.7 days), Vancouver (+0.7) and Norfolk (+0.3) all seeing average wait times increase by more than 5 hours. Houston (-0.1 days) and Savannah (-0.3) were the only two major North America ports to record improved congestion levels in 2024.
Europe
Average vessel waiting times across the 17 analyzed European ports was 0.23 days, less than half as long as North American ports.
Of these ports, 13 saw increases, with Marsaxlokk (+0.4 days) and Valencia (+0.2) recording the largest increases. Rotterdam saw wait times nearly double, although the port remained below the regional average at 0.21 days. At Europe’s other mega hub in Antwerp, congestion levels increased by less than an hour. Le Havre (-0.1 days) and Gdansk (-0.5) were the only major European ports to record reductions in vessel waiting times of more than two hours.
Asia
East Asia continues to showcase the class of its port infrastructure with average anchor times across the region falling to 0.12 days or less than 3 hours. This improvement was recorded despite average anchor times more than doubling in both Shanghai and Hong Kong.
Southeast Asia saw average wait times increase 30% to 8.4 hours across 10 analyzed ports. This was largely influenced by the worsening conditions in Manila. Despite nearly doubling average anchor times in Singapore, the port ranked 52nd on our list of most congested ports in 2024.
Congestion Changes by Port