September 22, 2022
The two largest U.S. ports, Long Beach and Los Angeles, handle nearly 40 percent of Asia's container trade. However, affected by the cooling of the U.S. economy, the current volume of container arrivals at the two ports has dropped significantly.
It`s report that the import volume of the Port of Long Beach has been declining for two consecutive months, while the import volume of the Port of Los Angeles in August decreased by 16.8% year-on-year. On September 20, it was reported that in August this year, 1,796,661 sea containers were shipped from Asia to the United States, a decrease of 1% compared with the same period last year. This is the first year-on-year decline in 26 months.
