“Our year-end growth reflects the strength of the U.S. economy powered by the American consumer,” said Port of Los Angeles Executive Director Gene Seroka.
Decades of investments in logistics infrastructure, trade deals and becoming a manufacturing hub are paying off as shippers look to nearshore production.
Shipments from the fast fashion companies are frequently dominating export routes from China and Hong Kong, according to Xeneta’s chief airfreight officer.
Howmet Aerospace, which sells the titanium materials used for the aerospace company’s F-35 jet, disputed the allegations and called the lawsuit meritless.