The busiest port in America is no longer on the West Coast | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The Port of Los Angeles has been the busiest container port in North America for 22 years, but for the past three months, the Port of New York and New Jersey has been No. 1.

This rerouting of the US supply chain is a bid to get goods to consumers faster and cheaper. The vast majority of foreign-made goods, from furniture and apparel to auto parts, all come to the United States on cargo vessels that unload at US Ports. LA isn’t happy about losing its title to its cross-country rival. “We’ve got to get that cargo back,” said Gene Seroka, executive director of the Port of Los Angeles, in a recent press briefing.

The winter months are typically the slow season for imports, but in February cargo traffic will pick up again after the Chinese Lunar New Year as retailers will already be looking to bring back-to-school and holiday shopping items in to the United States. Adding to the shift to East Coast ports were lessons learned from a nightmare traffic scenario that played out in the Pacific Ocean during 2021’s peak holiday shopping season – resulting in empty shelves for retailers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

20-year-old Ali Moazemi is scheduled to be executed tomorrow. ❌DO NOT EXECUTE❌ AliMoazemi

We need serious and immediate actions. Islamic Republic is killing (executing) innocent people in Iran Please be their voice before its too late MohammadMehdiKarami HamidGharehHasanlou RezaAria HosseinMohammadi

AliMoazzami has been sentenced to death by the Islamic Republic Court and according to reports, he will be executed tomorrow. Please do something before it's too late. MahsaAmini IranRevolution

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines