Economics
LA Port Braces for Peak Cargo Season to Arrive Early as Consumers Keep Buying
- May was L.A.’s third-busiest month yet, Long Beach’s second
- L.A., Long Beach port chiefs to meet President Biden at port
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The Port of Los Angeles, the US’s busiest, is preparing for the early arrival of the 2022 peak season for cargo as retailers stock up on back-to-school and fast-fashion products despite high inventory levels, Executive Director Gene Seroka said.
“The upstream orders coming from Asia -- getting ready for an early arrival of peak-season goods -- look strong; the June numbers will be very healthy,” Seroka said in an interview on Bloomberg Television Friday. He added that the port handled just under 970,000 units of cargo in May, making it the operation’s third-busiest month on record.