Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
By Mike Wackett
The US west coast ports of Los Angeles and Long Beach reported strong import container throughput in October, as some holiday season cargo owners shied away from routing via the east coast gateways.
Los Angeles processed 372,455 teu, an increase of 10.7% on the year before, while neighbouring Long Beach saw imports jump 23.6%, to 363,300 teu.
“And November is also shaping up to be a strong month as we see a final holiday push and warehouse replenishment,” said Port of Los ...
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