The nation’s biggest ports are off to a mixed start compared with 2018’s record year, showing slower 20-foot-equivalent container volume as the economy gradually slows and with U.S.-China trade talks set to resume shortly.
The nation’s top two ports, Los Angeles and Long Beach, reported decreases in February in the number of TEUs processed. Los Angeles saw a 2.7% year-over-over decrease, moving 705,306 TEUs compared with 725,059 for the same period in 2018. Long Beach saw its numbers drop 9.8%, to 596,616 TEUs from 661,790 a year earlier.
