Wave of Asian imports engulfs more US ports, driving up costs

Capt. John

The wave of imports that has overwhelmed Los Angeles and Long Beach has spread to other gateways, causing delays and higher costs for importers.
The port of Oakland reported a 10.4% year-on-year rise in imports in October, which the port authority attributed to continuing strong consumer demand and retailers’ efforts to re-stock inventories.
Further up the coast, the Northwest Seaports Alliance of the ports of Seattle and Tacoma experienced a 4.7% rebound …

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