Port of Los Angeles handled 812,000 TEUs in January, down 12% compared to the same period last year.
Executive Director Gene Seroka said the decline reflects several factors. He explained that January 2026 figures are compared with unusually high volumes in 2025, when importers rushed shipments ahead of new tariffs.
Seroka also noted that inventories remain slightly elevated. He said this is due to the earlier cargo surge and a more cautious approach to restocking.
He added that U.S. trade policy continues to create uncertainty for the market. However, he stressed that American consumer demand remains resilient. Purchase orders sent to Asia three months in advance also appear stable, which he described as a positive signal.
Economist Chad Bown joined the media briefing. He discussed the expected US Supreme Court ruling on tariffs and outlined potential developments in US trade policy for 2026.
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