However container rates tell another story. For the second consecutive week, Drewry's World Container Index fell 9% to stand at $2,983 this week, following five weeks of gains. Read the weekly assessment at https://lnkd.in/eq4k2fDu This decline is a direct result of low demand for US-bound cargo and is a sign that the recent surge in imports to the US, which occurred after the temporary halt of higher US tariffs, won't have the lasting impact .
Port of Los Angeles Inward Bound Container Data
#Container Ships#Port of LA inward container traffic for 3 weeks to come#Container Shipping
The Port of Los Angeles Inward Bound Container Data continue to show 137k and 115k TEU arrivals per week in eacjh of the next two weeks and a big drop thereafter. Much of that drop may be ironed out as we get closer to the the week (29) of July 13 to 19. That's what happened to the three week out forecast last week.