by Belle Carter, SHTF Plan:
The Port of Los Angeles has reported that its total throughput in October was 678,429 20-foot equivalent units (TEUs), almost 25 percent less compared to the same month last year. Meanwhile, imports totaled 336,307 TEUs – down 28 percent year-over-year.
The biggest drag was from incoming cargo that has shifted to the East and Gulf coasts due to protracted labor negotiations between West Coast port workers and their employers, Port of L.A. Executive Director Gene Seroka said during a news conference on Tuesday, Nov. 15.