Port of LA Chief Sees Potential Cargo Surge After Court Ruling

The US Supreme Court’s decision on President Donald Trump’s sweeping tariffs may drive up cargo volume, Port of Los Angeles Executive Director Eugene Seroka said.

“If that effective tariff rate for some companies and importers is lower, we may see some cargo really shoot through the system pretty quickly,” he said in a Bloomberg Television interview.

While import patterns have fluctuated based on trade policy announcements, exports have consistently suffered, with shipments to China dramatically reduced. The head of the nation’s busiest container gateway cited an 80% drop in soybean shipments from his port, adding that ...