Port of Los Angeles raises COVID-19 worries, Savannah’s shipping slides — Panjiva


Port of Los Angeles raises COVID-19 worries, Savannah’s shipping slides

China 2291 Corp - Ports 744 Corp - Shipping 721 Mode - Containerized 1156 Mode - Seaborne 1469 Natural Disasters 161 U.S. 4079

Container handling through U.S. ports fell by 2.7% year over year in January, with the worst performers being Seattle-Tacoma with a 12.5% drop and Savannah with a decline of 8.2%. The rate of decline at Los Angeles and Long Beach slowed to just 3.9% and 0.2% respectively despite their higher-than-average exposure to China. The ports’ volumes will likely be crimped in February and March by disruptions caused by COVID-19 coronavirus. According to Port of LA director Gene Serotka there could be a 15% year over year slide in Q1 volumes handled through the port as a result. The third most exp...

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