Port of Los Angeles Calls for Trade Stability as Cargo Volumes Hit Record

The head of the busiest container port in the United States is calling for an end to the U.S.-China trade war even as cargo volumes hit a new single-month record at the port, marking the fifth consecutive record-setting month. The Port of Los Angeles on Tuesday reported that 861,081 Twenty-Foot Equivalent Units (TEUs) were moved at the port in August, representing a 4.2% … [Read more...]

Cargo Volumes Up at Port of Los Angeles Despite Trade War

The Port of Los Angles set a new single-month cargo record last month despite Trade War uncertainty and declining exports.  The Port of Los Angeles reported Monday that it moved 912,154 Twenty-Foot Equivalent Units (TEUs) in July, marking the busiest July ever for United States' busiest container port. “Container exchange per vessel reached 9,915 TEUs, the highest … [Read more...]

June Imports Down at Top U.S. Hub for China Trade

LOS ANGELES, July 11 (Reuters) - The Los Angeles and Long Beach port complex, the nation's busiest and the No. 1 for ocean trade with China, - handled 5.1%fewer inbound containers of cargo in June, as the trade standoff between Washington and Beijing disrupts global supply chains. Imports to the smaller Port of Long Beach dropped 13.7% from June 2018, more than offsetting … [Read more...]

Imports at Ports of Los Angeles and Long Beach Fall in May

LOS ANGELES, June 12 (Reuters) - The Los Angeles and Long Beach port complex - the No. 1 hub for U.S. ocean trade with China - processed 6.3% fewer inbound cargo containers in May, signaling that the escalating U.S.-China trade war is roiling business activity. Exports from the California seaport complex, the nation's busiest, fell 7.4% year-on-year, the two ports … [Read more...]

Amid Trade War, Busiest U.S. Port Readies for Robots

By Romy Varghese (Bloomberg) -- Pier 400 in Los Angeles is North America’s largest shipping terminal. More than 1,700 trucks pass through, on average per day, even in the middle of the U.S.-China trade war. All that cargo translates into thousands of miles driven within the facility each day, mostly by diesel vehicles, spewing pollutants. For APM Terminals, the part of … [Read more...]