Tariffs Slow Port Of Los Angeles Cargo Volume

Tariffs Slow Port Of Los Angeles Cargo Volume
The Port of Los Angeles processed 716,619 Twenty-Foot Equivalent Units (TEUs) in May, 5% less than last year. After 10 straight months of year-over-year growth, overall cargo volume slowed due to the impact of tariffs on both imports and exports. “May marked our...
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Tanker Market on Edge as Iran-Israel Conflict Intensifies

Tanker owners are, once again, on edge, because of a renewal of tension between Israel and Iran. In its latest weekly report, shipbroker Gibson said that “tensions between Israel and Iran are nothing new, but they came to a head overnight. The situation remains fluid...
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