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Ports struggling due to economic downturn

Published Wednesday, March 25, 2009

The Port of Long Beach announced that the import of cargo containers dropped 43% year-over-year in February, with containers bound for export down 37%. The port attributed the drop to economic weakness and a shift of some cargo to smaller ships going to San Pedro Bay. "The numbers are now showing what we've been seeing for the past few months -- fewer ships, fewer containers and most troubling, less work for those in port-related businesses," said Port of Long Beach executive director Richard D. Steinke. "Although cargo has dropped steeply in recent months," Steinke ...

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