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The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.
Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.
RIZHAO PORT JR: 2024 ANNUAL REPORT
Express News | Rizhao Port Jurong Co Ltd - Recommended a Final Dividend of RMB0.030 per Share
Express News | Rizhao Port Jurong FY Revenue RMB 847.478 Million
Express News | Rizhao Port Jurong FY Net Income Attributable RMB 206.038 Million
RIZHAO PORT JR: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
