This via the Journal (may be gated)
- The number of container ships queuing to enter the ports of Los Angeles and Long Beach declined to 78 vessels on Tuesday, down from the peak of 109 ships reached a month earlier, according to the Marine Exchange of Southern California.
- Port officials say it is unclear whether the decline, which has accelerated over the past week following a surge shortly before and after the December holidays, is the beginning of a trend or a temporary respite because of factory slowdowns in Asia for the Lunar New Year holiday that began Feb. 1.
The decline from the peak is welcome, but do note that second bullet point - it may be just a temporary respite. Still, gotta start somewhere.
