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Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending June 6

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Cargo traffic at the Port of Los Angeles is expected to rise in the week ending June 6, according to data from the ship-tracking system Port Optimizer.

A total of 112,490 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 3.3% increase from the previous week and a roughly 12% rise from a year earlier.

Twenty-one freight vessels are scheduled to arrive at the port in the week ending June 6, the data showed. That is more than the 18 vessels scheduled during this week and 19 scheduled for the week ending May 30.

The European Commission said Wednesday that it has endorsed a political agreement reached by the European Parliament and the Council of the European Union. The agreement introduces two regulations designed to remove tariffs on US industrial goods while providing preferential market access for select US agricultural and seafood exports.

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