More boxes leaving Port of Los Angeles empty than loaded
US exports from top-ten container ports falls by 8.3% in July compared top same period in 2020.
New data from Blue Alpha Capital suggests that US exports have slumped considerably in relation to exports, with more containers leaving major US ports empty than loaded.
The New York-based consultant said the difference between imports and exports has widened to a new record ratio of 2.75x compared with a 2.19x average in 2020 and 1.85x in 2019.
Gene Seroka, executive director of the Port of Los Angeles said: “Our largest export commodity continues to be air as we reposition empty containers back to Asia,” said Mr Seroka.
