Cargo volumes at the Port of Long Beach fell in July, down 9.7% over last year, according to the latest report from the port. The slip in cargo volumes is the result of the trade tariffs and the ongoing trade war. Port of Long Beach executive director Mario Cordero describes the trade war as “hitting the West Coast hard.”
Cargo volumes totaled 621,780 TEUs in July. Imports decreased 9.9% to 313,350 TEUs, and exports shrank 6.8% to 111,654 TEUs. Empties were 11% lower, at 196,777 TEUs.
For the year, cargo volumes are now down 7.2% with 4.3 million TEUs moving through the port this year.
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