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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
The Port of Los Angeles processed 752,893 20-foot equivalent units for the month of May. A 3% decline from the 779,140 moved around this time a year ago.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
With the port gradually reopening, this Baltimore trucking firm navigates ongoing disruptions while keeping drivers employed.
Inbound container imports to top two million twenty-foot equivalent units by May, a first since last fall.
Shipping adapts post-Baltimore bridge collapse, with port rerouting stats and recovery timelines.
In 2023, 46.67 million twenty-foot equivalent units of cargo passed through the top 12 U.S. seaports, normalizing to pre-pandemic levels.
Bridge collapse disrupts Port of Baltimore, affecting exports and mid-Atlantic trucking. States scramble to adapt.
February saw significant cargo volume increases at San Pedro Bay Complex and Port Houston.
February's U.S. container imports dip yet highlight a solid year-over-year growth. Amid global shifts, the freight market faces mixed fortunes.
A strong start to 2024: LA and Long Beach ports see cargo boom in January.
Despite Red Sea tensions and canal hiccups, U.S. ports are pulling off some solid cargo numbers.
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