The Port of Long Beach suffered a 16.6% drop in volumes in May 2019 compared to 2018, while the neighbouring Port of Los Angeles had its busiest May in its 112-year history.
Mario Cordero, executive director at the Port of Long Beach, attributed the fall in throughput to a variety of factors which are combining to impact international trade.
Cordero said: “One year into the trade war, escalating tariffs have pushed retailers to order goods early, warehouses are brimming with inventory as a result, and in response, ocean carriers are manging their vessels to deal with reduced demand.
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