U.S. ports are sending warning signals about trade flows in the New Year, says The Wall Street Journal. The first reports from gateways on both coasts suggest container imports turned sharply downward last month, while shipping executives say they are bracing for weak demand in the first part of 2023. …
Read More »Ports of Los Angeles and Long Beach to End Container Dwell Fee They Never Implemented
The ports of Los Angeles and Long Beach have announced plans to end the Container Dwell Fee that they never technically implemented, marking the latest sign that the imports surge that became a hallmark of the post-Covid economy has ended. The program was announced October 25, 2021 at the height …
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