23
May
The Los Angeles and Long Beach seaports saw cargo volumes drop by double-digits last month, according to newly released data. Los Angeles saw overall cargo numbers fall 22% last month compared to April 2021, the second busiest April in port history, the port announced May 18. Los Angeles moved 688,110 TEUs last month, with imports down 25% to 343,689 TEUs and loaded exports down 12% to 88,202 TEUs. Empty containers also dropped 23% to 256,220 TEUs year over year, according to the port. “A cooling global economy, warehouses laden with aging inventory and prolonged West Coast labor negotiations have all…