We're now in the week where the import crunch from Trump's tariffs begins. A projected 11% decline in imported containers at the Port of Los Angeles this week and a 31% decline next week. There is something of a recovery the following week but still a double digit % decline. - ThreadSky

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brendanvduke.bsky.social • 22 hours ago

We're now in the week where the import crunch from Trump's tariffs begins.

A projected 11% decline in imported containers at the Port of Los Angeles this week and a 31% decline next week. There is something of a recovery the following week but still a double digit % decline.

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brendanvduke.bsky.social•22 hours ago

Moving over to the Port of Long Beach (our 3rd largest container port), they are projecting about 270k import containers over the next four weeks.

Those four weeks roughly correspond to May. In May 2024, Long Beach processed 345k containers so that is about a 21% drop compared to last year.