For the past 20 years, the Port of Los Angeles has been the busiest seaport in the Western Hemisphere, responsible for exporting commodities such as soybeans and raw cotton and importing everything from furniture to electronics. In 2020, container volume reached 9.2 million 20-foot equivalent units (TEUs), with total cargo handled valued at $259 billion. …
The post Container Ship Operators Are On A Tear As Freight Rates Skyrocket first appeared on Hellenic Shipping News Worldwide.
Author: C...