PGL Weekly Update 3-24-23
Container Volumes Fall at Most US Ports A combination of the Lunar New Year, ongoing labor negotiations and concern about a slowing global economy resulted in the Port of Los Angeles seeing a 43% year-over-year drop in container cargo in February. The port processed 487,846 20-foot-equivalent containers, down from last year’s 857,764. “February declines were exacerbated by […]