Retail

Online shopping leads to strain at Port of Los Angeles

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The number of shipments coming through the nation’s busiest container port complex in Los Angeles is up substantially from the first half of the year, reflecting a rebound in business and shift in consumer habits.

Port of Los Angeles Executive Director Gene Seroka in an appearance Monday on CNBC said cargo volume is up 50% in the second half of 2020 from what arrived at docks through the first six months of the year, and it’s common for loaded ships to anchor at sea waiting for a dock to open up.

“It’s all the change in the American consumer,” Seroka said on “Power Lunch.” “We’re not buying services, we’re buying goods.”

The surge in shipments has put a strain on the supply chain at the…



Source cnbc.com

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