Drayage truckers at Southern California ports are facing a significant freight surge as importers race to avoid potential disruptions caused by looming tariffs and a possible dockworker strike. Retailers and shippers are scrambling to move goods into the U.S. ahead of the January 15 expiration of the current contract between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance, as well as anticipated tariff increases under President-elect Donald Trump. Freight Surge at U.S. Ports The National Retail Federation (NRF) and Hackett Associates’ Global Port Tracker report projects container imports to surge over 14% year-over-year in the last months of 2024. This trend is expected to continue into early 2025, with January imports estimated at 2.2 million TEU (Twenty-Foot Equivalent Units), up 12% from the same period last year. The Port of Los Angeles recently reported record-breaking activity, handling over 905,000 TEUs in October—a 25% increase compared to… ...[TheTopNews] Read More.
6 days ago
