News Snapshot:
Port of Los Angeles Executive Director Gene Seroka has described the gateway’s latest volume figures as “March madness” after it processed 957,599 TEU, an increase of 113% , last month. In a press briefing accompanying the Port’s monthly figures, Seroka said volume like this in the first half of the calendar year had never been seen before. Seroka also said consumers are continuing to buy goods at a “dizzying pace” as vaccinations programmes accelerate, and businesses reopen. The traffic made March 2021 the Port’s third busiest month on record and by far its largest monthly increase. It also represents eight...