Boatloads of Cargo Off Los Angeles Grind Gears of World Economy

SourceBloomberg
SectorEconomy
CountryMiddle east

Cargo ships anchored in the Pacific Ocean off the Port of Long Beach and Port of Los Angeles on Nov. 20. Photographer: Bing Guan/Bloomberg Photographer: Bing Guan/Bloomberg Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports of L.A. and Long Beach, shipping containers are already stacked ...read more...