Ports Traffic Down 33% Last Week; Will drop to Zero (From China) within 10 days. Only 5 to 7 Weeks Inventory in Warehouses
Mon 3:10 pm +00:00, 5 May 2025Source: https://halturnerradioshow.com/index.php/news-selections/national-news/ports-trraffic-down-33-last-week-will-drop-to-zero-from-china-within-10-days-only-5-to-7-weeks-inventory-in-warehouses Gene Seroka, the Executive Director of the Port of Los Angeles, appeared on Bloomberg Business News, and revealed the ongoing Trade War with China has resulted in a 33% drop in Ocean Container Ships entering his Port last week. Seroka also revealed the drop will rise to about 80% after this coming week, and AFTER THAT, …
