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POLB ties imports decline to sagging consumer spending

Transportation
May 2, 2023
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The Port of Long Beach (POLB) moved 1,721,326 TEUs during the first quarter of 2023, a 30% decrease from Q1 of 2022. The port’s news release pointed to a pullback in consumer spending as a reason for the volume decline, though the routing trend to East and Gulf Coast ports has accelerated in recent years.

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