Cargo volume at the Port of Los Angeles dropped in October as the port handled 678,429 TEUs, a 25 percent decrease from October 2021. The Port of Los Angeles has processed 8.5 million TEUs during the first 10 months of 2022, about 6 percent down from last year's record pace, says an official release. "With cargo owners bringing goods in early this year, our peak season was in June and July instead of September and October," says Gene Seroka, Executive Director, Port of Los Angeles. "Additionally, cargo has shifted away from the West Coast as some shippers await the conclusion of labour contract negotiations. We'll do everything in our power to get that cargo back because the best route between Asia and the United States is straight through the Port of Los Angeles."
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