Originally published at: Port of Los Angeles forecasts 7% container volume decline - FreightWaves
The Los Angeles Board of Harbor Commissioners has approved a $3.4 billion annual budget for fiscal 2026-2027 for the Port of Los Angeles. The increase comes as the port, which along with neighboring Long Beach comprises the busiest U.S. container gateway, is forecasting a 7% decline in box volumes, to 9.3 million twenty foot equivalent…