Port of Los Angeles Hits Century-Old Record Amid Rising Tariffs

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Source: CNBC
Port of Los Angeles Hits Century-Old Record Amid Rising Tariffs
Photo: CNBC
TL;DR Summary

The Port of Los Angeles experienced a record-breaking July with over 1 million TEUs processed, driven by shippers frontloading Chinese goods ahead of tariffs, which caused an early and intense peak season. However, the surge has since declined as tariffs remain in effect, impacting retail and small importers, with a forecast of decreasing container ship arrivals in the coming weeks.

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