After widespread slowdown, Port of LA import surge is a sign Trump's 'whipsaw' tariffs sparked 'one last' stockpiling
push, executive director says
For months, Port of Los Angeles Executive Director Gene Seroka warned of slashes to shipment arrivals from China and reduced hours for dock workers and truckers as a result of President Donald Trumps aggressive tariff threats.
As the busiest port in the U.S. saw record-setting shipping volumes last month, Seroka still isnt breathing a sigh of relief. The Port of LA reported its busiest-ever June in its 117-year history with 892,000 container units, an 8% increase from the year before and a turnaround from the precipitous 9% year-over-year drop in May. Still, Seroka sees this improvement as a sign of businesses bracing themselves for the next round of tariff uncertainty.
While record-setting volume is welcome news, it also highlights the tariff whipsaw effect that weve mentioned before, Seroka told reporters in a press briefing on Monday.
Supply-chain platform Project44 has seen similar trends globally, with higher-than-normal imports from China on a global scale, Eric Fullerton, Project44 senior director of product marketing, told Fortune.
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