Peak season – what will that mean in 2010?

Although cargo traffic increased again in July at the bellwether ports of Los Angeles and Long Beach, there is concern that this year’s “peak season” may not be as robust.  As reported in the Los Angeles Times, LA imports were up 21% to 370,000 containers from a year ago, while Long Beach’s import traffic increased 32.5% to 294,000 containers.  Given that trade cargo dried up significantly in these ports — and nationwide —  in 2009, these increases must be viewed with that in mind.  Moreover, some experts are worried that lukewarm consumer demand may have an adverse effect on the total peak season cargo traffic, which runs from July through October, in advance of the holiday season.

The full article, “Ports wary of stunted holiday rush,”  is available here.