Good news for sure, but economists disagree on how long the cargo uptick will last
For Los Angeles, which ranks first in cargo container traffic, it was the port’s second-best May ever, eclipsed only during the height of the global economic boom in 2006. The Port of Los Angeles saw imports surge 12.5% compared with the same month a year earlier. Export traffic grew more than 5%.
The increases were even stronger at Long Beach, which is second only to Los Angeles in container traffic. Imports there rose nearly 27% compared with May 2009. Long Beach’s exports were up more than 14%.