financetom
Economy
financetom
/
Economy
/
Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending May 23
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending May 23
May 8, 2026 11:08 AM

01:46 PM EDT, 05/08/2026 (MT Newswires) -- Cargo traffic at the Port of Los Angeles is expected to fall in the week ending May 23, according to data from the ship-tracking system Port Optimizer.

A total of 103,650 20-foot equivalent units, a standardized measure of cargo capacity, are projected to reach the port in the week, the data showed. That volume reflects a roughly 14% decrease from the previous week and a 0.7% rise from a year earlier.

Eighteen freight vessels are scheduled to arrive at the port in the week ending May 23, the data showed. That is fewer than the 19 vessels during this week and 21 scheduled for the week ending May 16.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Justice Department opens criminal mortgage fraud probe into Fed Governor Cook
US Justice Department opens criminal mortgage fraud probe into Fed Governor Cook
Sep 4, 2025
(Reuters) -The U.S. Justice Department has launched a criminal mortgage fraud probe into Federal Reserve Governor Lisa Cook and has issued grand jury subpoenas out of both Georgia and Michigan, according to documents seen by Reuters and a source familiar with the matter. The investigation, which followed a criminal referral from Federal Housing Finance Agency Director Bill Pulte, is being conducted...
Fed's Williams sees gradual rate cuts if economy performs as he expects
Fed's Williams sees gradual rate cuts if economy performs as he expects
Sep 4, 2025
NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Thursday a gradual lowering in short-term borrowing costs is warranted over time if the economy meets his current forecast of modest gains in unemployment and a softening of inflation trends next year. The current setting of monetary policy at modestly restrictive levels that are appropriate given the current...
US biodiesel and renewable diesel imports slump after changes to tax credits
US biodiesel and renewable diesel imports slump after changes to tax credits
Sep 4, 2025
NEW YORK (Reuters) -U.S. imports of biodiesel and renewable diesel slumped to a decade low in the first half of 2025 after a change in tax credits for the fuels went into effect, the U.S. Energy Information Administration said on Thursday. The U.S. this year revamped the way it awards tax credits designed to incentivize biofuel production and consumption, with...
New York Fed President Williams Signals Rate Cuts Possible If Economy Evolves as Expected
New York Fed President Williams Signals Rate Cuts Possible If Economy Evolves as Expected
Sep 4, 2025
12:56 PM EDT, 09/04/2025 (MT Newswires) -- With monetary policy modestly restrictive, it would be appropriate for the Federal Open Market Committee to reduce the target for the federal funds rate gradually, New York Federal Reserve President John Williams said Thursday at the Economic Club of New York. The Federal Reserve's monetary policy stance has been modestly restrictive, as seen...
Copyright 2023-2026 - www.financetom.com All Rights Reserved