LA/LB ports eye record throughput, but there are 'signals of strain'
The main US port complex of Los Angeles and Long Beach is on target for ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
Approaching peak season, the port of Los Angeles has something to be pleased about after recording its busiest July in its history. Container volumes were up 16% year-on-year. For the year-to-date, the port is also ahead of its record-breaking 2016 figures, by 9.5%. The performance bodes well as the industry gears up for the pre-Christmas peak over the next eight weeks. Executive director Gene Seroka was quoted in Hellenic Shipping News as acknowledging the decision by the Pacific Maritime Association and the “good men and women” of the International Longshore and Warehouse Union to extend their contract with terminal operators until 2022.
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