Ocean container slump signals trouble for Los Angeles truckload volumes

News Snapshot:

In a stark reversal of fortune, the bustling Port of Los Angeles, long a reliable source of freight for truckers across the nation, is facing a significant downturn in container volumes. This decline is expected to have far-reaching consequences for the trucking industry, particularly for carriers that have traditionally relied on Southern California for steady business. Recent data from SONAR’s Container Atlas reveals a troubling trend: Daily ocean container bookings from China to the United States have plummeted by 20% compared to the same period last year. This sharp decline is largely attributed to the escalating trade tensions between the...