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Cargo Traffic to Los Angeles Port Expected to Rise in Week Ending Aug. 8

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Cargo traffic at the Port of Los Angeles is expected to rise in the week ending Aug. 8, according to data from ship-tracking system Port Optimizer.

A total of 125,142 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 6.2% increase from the previous week and a 10% rise from a year earlier.

Twenty-four freight vessels are scheduled to arrive at the port in the week ending Aug. 8, the data showed. That compares with 21 vessels scheduled this week and 23 in the week ending Aug. 1.

US President Donald Trump on Monday signed proclamations imposing 50% tariffs on certain Canadian imports, including products tied to the motor vehicle, alcohol and dairy sectors.

The Office of the US Trade Representative said Thursday that it is imposing new tariffs on 60 countries over their alleged "failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor." The new duties took effect Friday, replacing a 10% global tariff implemented by Trump that expired the same day, according to media reports.

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