The number of arriving cargo ships at the Port of Los Angeles likely won’t surge as the holiday season comes around, but the supply chain crisis is not yet over, according to experts and port officials.
The National Retail Federation, the world’s largest retail trade association, reported a slowdown in the cargo surge this month.
“Consumers are still buying, but the cargo surge we saw during the past two years appears to be slowing down,” said Jonathan Gold, the organization’s Vice President for Supply Chain and Customs Policy.
Though the volumes are above pre-pandemic levels, the rate of growth has been dropping compared with 2021’s “unusually high volumes,” according to Gold….