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FINWIRES

Cargo Traffic to Los Angeles Port Expected to Fall in Week Ending May 9

-- Cargo traffic at the Port of Los Angeles is expected to fall in the week ending May 9, according to data from the ship-tracking system Port Optimizer.

A total of 73,542 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 34% decrease from the previous week and a 0.8% increase from a year earlier.

Eighteen freight vessels are scheduled to arrive at the port in the week ending May 9, the data showed. That is fewer than the 19 vessels each during this week and the week ending May 2.

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