Port of Long Beach cargo volumes in May fell compared to a year ago, when a historic high was set for the month.
A variety of factors are combining to impact international trade, according to Port of Long Beach Executive Director Mario Cordero.
“One year into the trade war, escalating tariffs have pushed retailers to order goods early, warehouses are brimming with inventory as a result, and in response, ocean carriers are managing their vessels to deal with reduced demand,” Cordero said. “We are...