Tariffs, Iran war prompt ocean shippers to scrap tradition

AI Summary

Ocean shippers are reconsidering traditional strategies due to tariffs and the ongoing Iran war, with significant impacts on the shipping industry anticipated for the rest of the year. The Port of Los Angeles recorded over 1 million TEUs in June, yet the outlook remains uncertain as industry executives warn of challenges ahead.

The Port of Los Angeles logged over 1 million TEUs in June, but ocean shipping faces a murky second half of year, Executive Director Gene Seroka says.