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Port of LA Hits Record July Cargo | Business and Finance News
Description
The Port of Los Angeles crushed it in July, moving nearly 1 million TEUs—second-highest ever—and kept pace with June’s record-breaking volume. While down 6% from last year due to pre-policy rush shipping, it still soared 7% above the five-year average. Strong consumer demand fuels imports, even as exports and empty containers dipped slightly. August looks equally busy, with early cargo arrivals and room to grow if global trade shifts. Resilience reigns as the port adapts to a dynamic world economy.
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