Shipping containers are stacked at the port of Los Angeles in Long Beach, California, US, March 10, 2026. [Photo/Agencies]
Business leaders and logistics executives said global supply chains are adapting to a more complex trade environment shaped by geopolitical tensions, evolving tariff policies and shifting trade patterns, while emphasizing the continued importance of long-term planning and international commerce.
Speaking at a media briefing hosted by the Port of Los Angeles, Gene Seroka, executive director of the port, and Dan Letter, chief executive officer of Prologis, discussed how companies are navigating uncertainty while maintaining investments in logistics infrastructure, warehousing and trade-related operations.
The discussion came as businesses continue to assess the implications of recent developments in global trade and geopolitics, including negotiations involving Iran, ongoing conflicts in the Middle East and Europe, and evolving US-China trade relations.
Seroka said a proposed reopening of the Strait of Hormuz could help ease pressure on energy markets and improve business confidence, although he cautioned that a recently reported memorandum of understanding involving the United States and Iran remains only a framework for further negotiations.
