Regional Report: Los Angeles and Long Beach
June 1,2020- Pacmar.com
As the novel coronavirus shutters businesses and public spaces across the country and the world, the ports of Los Angeles and Long Beach and their supply chain partners press on to keep vital goods and commerce flowing. While port authorities and related businesses are exempt from California Gov. Gavin Newsom’s stay at home order because they are considered essential, these entities are no less affected by the COVID-19 health crisis. Both ports are seeing cargo numbers tumble from the same time a year ago, while related businesses such as American Marine Corp. anticipate reduced revenues.