Ports keep struggling

August exports show signs of life at both the Port of Los Angeles and Port of Long Beach, but the import situation remains pretty awful - in L.A., down 19.3 percent from August 2008 and in Long Beach, down 11.7 percent. Calculated Risk post says those import numbers are at August 2003 levels, and that 2009 could be the weakest import year since 2002. What these results show, once again, is the reluctance by U.S. retailers to invest heavily in the upcoming holiday shopping period. They also mean continued tough times within Socal's international trade and logistics sector.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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'I Am Woman,' hear them roar
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Previous story: Wells house: $21.5 million

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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