Fresh coronavirus outbreaks in Southern China are threatening to create new bottlenecks at America’s largest port again, even as the recovery in Western economies help to dramatically reduce its inventory.
In an interview with Yahoo Finance Live, Port of Los Angeles Executive Director Gene Seroka said he expected to see “a little bit of a lull” with roughly a third of its cargo coming in from the Pearl River Delta in the Guangdong Province.
“What we’re seeing is that 50% of normal…
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