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Fortune
Fortune
Sasha Rogelberg

Port of LA executive director: Shipping spike is sign Trump's tariffs sparking stockpiling

Gene Seroka looks to his right as he speaks in a shipyard. (Credit: ROBYN BECK/AFP—Getty Images)
  • After reporting slumping shipping volumes in May, the Port of Los Angeles rebounded in June with an 8% surge in year-over-year imports. But Executive Director Gene Seroka is not yet celebrating, warning the spike is reflective of stockpiling activities from companies trying to dodge tariff deadlines.

For months, Port of Los Angeles Executive Director Gene Seroka warned of slashes to shipment arrivals from China and reduced hours for dock workers and truckers as a result of President Donald Trump’s aggressive tariff threats.

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