Both San Pedro Bay ports saw cargo drop significantly last month compared to February 2022.
Cargo continued dropping in February at both the ports of Los Angeles and Long Beach as an uncertain economy and concerns over prolonged labor contract negotiations take their toll.
While more cargo is expected to move across the local docks in March, Seroka said, “volume will likely remain lighter than average in the first half of 2023.” “Trade continues to normalize following the record-breaking cargo numbers we saw at the start of last year,” said Port of Long Beach Executive Director Mario Cordero. “We are inviting in infrastructure projects that will keep us competitive as we collaborate with industry stakeholders to focus on our trade volume.”
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