Highlights Port of Long Beach volumes edge higher against Los Angeles Asia-USWC freight rates down 19% on week USEC volumes remain strong while ports grapple with vessel backups US West Coast ports reported sliding throughput figures for August as tepid demand for ex-Asian cargoes pressured the market, while US East Coast volumes registered increases on shifting demand patterns. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Port of Long Beach had its second-busiest August, after shaving just 0.1% from August 2021, the port’s busiest month in history. The port, which has broken monthly cargo records in six out of the past eight months, moved 806,940 twenty-foot equivalent units in August. Imports slid by 5.6% to 384,530 TEUs and exports increased 1.6% to 121,408 TEUs. The decrease in imports and increase in empty containers alludes to a downward shift in consumer demand, with […]