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Although May is typically a stronger month for cargo leading into the summer's peak shipping season, imports fell 19% from April, as well as 9% year-over-year.
“May marked our lowest monthly cargo output in over two years,” Port of Los Angeles executive director Gene Seroka said at a media briefing. “While May volume is typically stronger than April as we ...
Consumers will likely see lower inventories, fewer selections on store shelves, and higher prices in some cases,” Port of LA ...
Cargo shipments arriving at the country’s busiest port dropped 9 percent in May compared to last year amid tariff uncertainty ...
May volumes decline by 5% but container traffic is up year-to-date. The post Los Angeles box volume hits lowest level in two ...
Executive director Gene Seroka predicted there would likely be higher prices and fewer selections for both the back-to-school ...
Total volume, at 716,619 TEU (Twenty-Foot Equivalent Units) saw a 5% annual decline, with the port noting that the lower ...
The Port of Los Angeles processed 716,619 twenty-foot equivalent units in May, 5% less than the same month last year.
The Port of Los Angeles saw a sharp drop in cargo volume last month, marking its slowest May in more than two years and ...
LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight ...
In May, cargo handlers at the Port of Los Angeles processed a total of about 717,000 equivalent units, or TEUs. About 356,000 of those were imports, a 19% drop compared to last month and 9% lower than ...
After 10 straight months of year-over-year growth, the Port of Los Angeles Friday announced it experienced a 5% decrease in cargo volume in May, citing the impact of federal tariffs on imports and ...