California box empties as meltdown continues
by
Obsidian
—
last modified
Jan 21, 2009 12:00 AM
Container imports through Los Angeles and Long Beach plummeted in the final weeks of 2008 as the economic meltdown accelerated.
Full-year figures published by the two southern Californian ports show a steep drop in inbound cargo, with the December numbers particularly bad.
Long Beach reported a fall in total container traffic last year of 11%, the biggest single year decline...
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