The busiest U.S. ocean container gateway could soon be handling $1 trillion worth of imports in a single quarter amid a roaring economy and resilient consumer spending.
Record volume of 954,706 TEUs in September, up 27% y/y, helped drive all-time high volume of 2,854,904 million TEUs in the third quarter, according to data released today by the Port of Los Angeles.
Imports totaled 497,803 TEUs in September, ahead 26% as shippers got an earlier-than-usual start bringing in end-of-year holiday...