LA Biz Observed
 
Bio • Email • Archive
 

 

June container traffic out of the Port of Long Beach fell 28.7 percent from a year earlier, an especially sharp drop that doesn't bode well for any near-term recovery. The low number of items coming into the U.S. shows that retailers don't expect much of a holiday season (total number of containers fell between May and June). Inbound cargo fell 28.4 percent and outbound fell 28.8 percent. Several new forecasts indicate little improvement until 2010 (maybe). L.A. is not yet out with its June numbers.

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
2:25 PM Fri | Martin Gomez, the head librarian for Los Angeles since 2009, will become vice dean in the USC Libraries on April 2.