Keep pulling the thread on Gene Soroka.
The Port of Los Angeles handles approximately $1 billion worth of cargo daily, combining both imports and exports.
The Port of Los Angeles and the Port of Long Beach combined handle 40% of the United States' imported containerized goods.
The Port of Los Angeles and the Port of Long Beach combined handle approximately 30% of the United States' containerized exports.
Approximately 40% of the business at the Port of Los Angeles is trade with China.
In the first week of May 2025, after tariffs on Chinese goods were raised to 145%, cargo volume at the Port of Los Angeles dropped by approximately 30%.
During a temporary softening of tariff policy in July 2025, the Port of Los Angeles processed a record volume of more than one million container units in a single month.
Last year, US soybean trade with China dropped by 90%, and the Port of Los Angeles saw an 80% drop in its soybean shipments to Asia.
Brazil and Argentina have replaced the United States as major suppliers of soybeans to China.
Despite a political truce negotiated in October of last year between the US and China, the Port of Los Angeles has observed no subsequent increase in soybean exports to China.
Approximately 20% of the world's energy products transit through the Strait of Hormuz.
Following the closure of the Strait of Hormuz, all shipments of retail goods from Asia to the Middle East and East Africa ceased on February 28th.
The price of gasoline in Southern California has increased by 35% and diesel by 50% due to the conflict in Iran.