Overview
- Container traffic at the Port of Long Beach is down 30% year-over-year, while the Port of Los Angeles anticipates a 35% drop over two weeks due to blank sailings.
- Seventeen canceled ship calls in May have removed an estimated 225,000 twenty-foot equivalent units (TEUs) from the supply chain, reducing work opportunities for dockworkers.
- At least 235 union members were unable to secure shifts this week, with concerns that job losses may extend to full-time workers if the slowdown persists.
- Small businesses near the ports and nationwide are reporting inventory shortages and rising prices as imports from China are curtailed by a 145% tariff.
- Lawmakers and port officials have criticized the administration's tariff strategy, pressing for a resolution during trade negotiations with China set to take place this weekend.