Virus disruptions may cause 20% cargo decline at US ports

Thu, Mar 05, 2020 - 5:50 AM

The Port of Los Angeles, the largest US container port, saw cargo volumes fall roughly 25% in February compared to the prior year, the authority has said.

PHOTO: REUTERS

Washington

THE novel coronavirus has cut deeply into the volume of cargo crossing the docks at US seaports in a further sign of the economic turmoil caused by the outbreak.

First-quarter cargo volume at US seaports will be down as much as 20 per cent from the prior-year period due...

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