L.A. Port Traffic Goes Off The Cliff

Just a quick note to follow up my February 26, 2009 blog post on declining cargo volume at the Port of Los Angeles.  According to LA Biz Observed, inbound traffic in February dropped 35.3% from a year earlier, and outbound traffic dropped 27.6%.  It's hard to see why, given these conditions, the Port is continuing work on huge expansion projects that are based on projections of constantly rising trade volumes.