http://www.latimes.com/business/la-fi-ports16-2009jun16,0,5963663.storyTraffic at the nation's busiest seaport complex showed another steep drop in May compared with the same month in 2008, although some economists say the ports could begin to recover late this year.
Last month, container imports at the Port of Los Angeles, the nation's busiest, were down about 18%. Exports from the port were down 7.1% for the month, dropping by the equivalent of about 150,000 cargo containers.
Through May, imports to the port were down 17.7% to about 1.4 million containers, while exports were down 15.5% compared with the same period in 2008.
At the Port of Long Beach, No. 2 in the U.S., container imports fell 22% in May. Exports fell 23.8%. For the year, Long Beach imports were off 27.4% and exports were down 29.3%.
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