Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before, according to the port’s latest figures.
Last month’s dip in volume can be attributed in part to the formation of new ocean-carrier alliances, in which carrier companies agree to certain conditions to stabilize the rates to ship goods.
Port of Long Beach Executive Director Mario Cordero also attributed the decrease to tariffs between China and the U.S. The threat of tariffs initially boosted shipping as companies sought to beat duties imposed on goods this summer, Cordero said in a statement.
