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No. 2 US Port Sees Consumer Demand Easing From Covid-Era Surge

  • Long Beach port chief Cordero says demand set to diminish
  • City mayor optimistic port labor talks won’t trigger stoppage
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Port of Long Beach's Cordero Sees Consumer Demand Easing

The head of the second-biggest US port expects the pandemic-era surge in consumer demand that snarled supply chains will start to cool, with evidence of a deceleration already reflected in weaker inbound container arrivals.

Imports into Long Beach have now fallen for two months. Meanwhile, the neighboring port of Los Angeles registered the biggest decline in inbound cargo since the early days of the Covid-19 pandemic in August. Together, the twin operations handle about 40% of containerized trade with Asia.