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January Throughput at Port of Los Angeles Declines 12% Amid Soft Demand and Policy Uncertainty
The Port of Los Angeles recorded a 12% year-over-year decline in total cargo volumes in January. Imports declined by approximately 13% year-over-year, and exports declined by 8%. The number of empty containers handled dropped by 12%, an indication of softer demand ahead in Asia for returning containers on the Trans-Pacific route. Port of Los Angeles