Softened consumer spending, increased prices driven by inflation and a shift in trade routes contributed toward a 28% dip in the container volumes handled by the Port of Long Beach in January.
Dockworkers and terminal operators moved 573,773 teu in the first month of 2023, a considerate drop compared to January 2023 which was the port’s busiest January on record.
Mario Cordero, Port of Long Beach executive director, said: “We are taking aggressive steps to meet a new select set of challenges for the new year.
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