U.S. port executives warn: the rise in U.S. container imports is about to reverse.
U.S. container imports surged in April, but are expected to reverse in May. The Port of Los Angeles and the Port of Long Beach are anticipated to see a significant drop in imported goods, particularly as weak demand is likely to lead to a decrease in shipping volumes by about 20%. Uncertainty in U.S. trade policy and increased risks of disruptions in the global Supply Chain are contributing factors.