Post by Port of Los Angeles

The Port of Los Angeles processed 840,165 Twenty-Foot Equivalent Units (TEUs) in May, 17% above last year as import volume increased amid continued uncertainty surrounding trade policy and global supply chains. Joining Port Executive Director Gene Seroka at today’s Cargo News Briefing was Dan Letter, Chief Executive Officer of Prologis. Seroka and Letter discussed inventory trends, logistics real estate, supply chain investment and the outlook for goods movement as companies navigate ongoing economic and trade-policy uncertainty.