Port of Los Angeles Volume and Performance - Port of Los Angeles experienced a "roller coaster" year due to tariffs and trade discussions, with freight plummeting when hard policies were announced and recovering quickly when deadlines were extended [2] - The port anticipates its third-best year ever in 2025, handling approximately 1025 million 20-foot equivalent units (TEUs) [2][3] - No other port in the nation has ever crossed the 10 million TEU mark, a feat Los Angeles has now achieved three times [3] - The port's high-water mark was in 2022 at 107 million container units, following the COVID surge and increased online buying [4] - During the peak season of the past summer, the port moved more cargo than at the peak of the COVID surge without any ships backed up [15] Trade and Manufacturing Shifts - The President's efforts to increase manufacturing in the United States could potentially shift the port's volume dynamics, potentially increasing export opportunities [4][5] - A sector-specific review is needed to determine which products to manufacture in the US, how to structure supply chains, and what labor force training is required [6][7] - China's share of the port's business has decreased from approximately 60% in 2018 to 40% currently, with a continued downward trend [8][9] - Companies are increasingly sourcing from Southeast Asian countries like Vietnam, Indonesia, Malaysia, and Thailand [9] - China is now exporting its manufacturing expertise to other countries, as outlined in their 15th 5-year plan [10] Infrastructure and Future Development - Significant progress has been made in infrastructure investment over the last four to five years, including new terminals, rail and road connectors, and inland facilities [13][14] - Further infrastructure investments are still needed, including raising a bridge, bringing more terminal capacity online, and improving rail infrastructure to expedite container evacuation [15]