Long Beach and LA figures hint at possible recovery
THE COLLAPSE in cargo volumes through Los Angeles and Long Beach is starting to slow, according to November traffic figures released by the two ports, which showed considerable year-on-year declines.
Los Angeles posted a 12% drop on total container throughput to 580,206 teu in November, but that was considerably smaller than at times during the year.
In February, for example, container traffic plummeted by 32%, while throughput was down by...
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