US East, Gulf Coast ports lack capacity for cargo diversion from West Coast ports if disruptions should occur during contract talks; in 2021, cargo and vessel activity at ports of Los Angeles, Long Beach made up 37% of all imports to US: Martin Associates

LOS ANGELES , May 10, 2022 (press release) –

 U.S. West Coast ports generate nearly $2 trillion a year in economic value naonwide, but congeson in Southern California due to record-high container volumes, coupled with growing capacity at East and Gulf Coast ports, has accelerated the diversion of Asian cargo away from the West Coast, threatening to weaken the powerful economic engine long-term, according to new research by noted marime economist John Marn, PhD. 

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