A video released by Fox Business via YouTube shows Jon Slangerup, CEO of the Port of Long Beach, where he explains the growth projections for the Port of Long Beach in 2016.
He says that volume growth is anticipated to be as much as 5% in 2016, in comparison to the 5.5% a year prior, and believes that trade will remain strong.
Technical Paper: Long Beach: Driving the Future of the US
Despite a drop in the value of goods, Mr Slangerup said this is good for the end consumer.
(Source: Fox Business / YouTube)
