Record 60 cargo ships wait to unload at busiest U.S. port complex

A record 60 container vessels are at anchor or adrift in the San Pedro Bay, waiting to be unloaded at the Port of Los Angeles/Long Beach seaports and another 20 are due to arrive in coming days, a port executive said on Wednesday.

With the pandemic still raging around the world, U.S. consumers have not fully resumed previous spending on restaurants and travel, yet they continue to splurge on goods ranging from appliances and home exercise equipment to sweatpants and toys.

Volume at the Port of Los Angeles – the busiest U.S. gateway for trade with Asia – is up 30.3% so far this calendar year.

Read Full Story
Reuters Rating

Share this:

Leave a Reply

%d bloggers like this: