Shipping containers at Terminal 1 at the Port of Los Angeles in 2024. (File photo by Mike Blake/Reuters) The Port of Los Angeles is expecting a 35% drop in cargo from Asia next week, the facility’s ...
Recent data from IATA reveals that global cargo-tonne-kilometers (CTK) declined by 0.1% year-over-year in February 2025—the first negative change in 18 months. Notably, February 2024 included an extra ...
The Port of Los Angeles expects cargo volumes from Asia to drop 35% next week on a yearly basis. "Retailers have about five to seven weeks of full inventories left," the port's executive director said ...