Port of LB takes hit

February's drop in Long Beach was even worse than at the Port of L.A. (and that was pretty awful). Inbound container traffic fell 43.3 percent, outbound dropped 37 percent and overall traffic was down 40 percent. One explanation for the huge decline was the timing of Chinese New Year, but the real story continues to be the lower demand for TVs, toys, clothes and all the other stuff that's shipped from Asia.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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