"The Port of Los Angeles expects “a muted peak season” according to Eugene Seroka, Executive Director, Port of Los Angeles. Seroka’s prediction comes as the Port reported a decline in July volumes: “July 2023 loaded imports landed at 364,208 TEUs, down 25% compared to the previous year. Loaded exports came in at 110,372 TEUs, an increase of 6% compared to last year. With the need for empty containers in Asia slowing, just 209,710 empty TEUs were processed, a 39% year-over-year decline. Combined, July volumes were 684,291 TEUs, a 27% year-over-year decline. Seven months into 2023, the Port has processed 4,821,670 TEUs, about 24% less than the same period last year.” See the original story at: AJOT
Source: AJOT