Shipping number of the week: -3.7% laden container imports onto LA and Long Beach
The two largest ports on the USWC have experienced a 3.7% drop in laden imports over the first ten months of the year, as the effects of the trade war set in. Exports have fallen even more and are down by 6.4%. Laden container imports by the two ports now total 7.1 million TEU, down by 272,961 TEU from last year.
Imports in October were particularly bad for the Port of Los Angeles, where imports were down 19.2%...