Next Shoe To Fall: Liquidation Of Calif. Warehouses Stacked To Rafters By Trade War Preemption

U.S. businesses have been pulling shipments forward ahead of expected tariff increases and China’s Lunar New Year holiday, when the nation’s factories shut down for several weeks. That stacked-up inventory is straining logistics capacity around the neighboring ports of Los Angeles and Long Beach, which together comprise the biggest U.S. trans-Pacific gateway. “In 30 years, I’ve never seen anything like this,” said BJ Patterson, chief executive of warehouse operator Pacific Mountain Logistics in San Bernardino, Calif.

 

www.wsj.com/articles/import-wave-jams-california-warehouses-11550412000

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