Tony Mulvey
Friday, March 1, 2024
Restocking boosts January US port activity
The CEO of the Port of Long Beach boss cited restocking ahead of the Lunar New Year as the driver for import growth in January.
The CEO of the Port of Long Beach boss cited restocking ahead of the Lunar New Year as the driver for import growth in January.
“We’re not doing any victory celebrations because the trade outlook remains unclear as long as the pandemic is with us.”
Canceled San Pedro Bay calls more than doubled in the first half of the year compared to 2019.
Boost attributed to retailers trying to beat capacity constraints and rate hikes.