SCD: Port of Long Beach cargo volumes dip 15% in August

SUPPLY CHAIN DIVE reports:

Cargo volumes at the Port of Long Beach fell 15.4% YoY to 682,312 TEUs in August, marking almost a year of consecutive volume declines at the port.

Warehouses remained overstocked as consumers continued to pivot toward travel and other summertime activities, according to port officials.

“We anticipated a modest peak season as our cargo numbers continue to stabilize at pre-pandemic levels,” Port of Long Beach CEO Mario Cordero said in a statement. “Over the long term we are strengthening our ...