Port of Los Angeles increases container volumes
22/05/2024
Port of Los Angeles handled 770,337 container units in April, representing a 12% increase over the previous year and marking the ninth consecutive month of year-over-year growth.
Four months into 2024, LA port workers have processed 3,150,841 TEUs, nearly 25% more than in 2023. That’s also 5% higher than the Port’s running five-year average dating back to 2019, including two years of record volumes during the pandemic.
“All our vital operational statistics at the Port of Los Angeles are at or better than pre-COVID levels,” said Port of Los Angeles Executive Director Gene Seroka. “I’ve been urging shippers to take advantage of our fluid terminals and excess capacity. We’re ready to upscale on demand as we move into the second half of 2024.”
Seroka was joined at the Port’s media briefing by Daniel Hackett of Hackett Associates, which produces a rolling six-month forecast of imports of 16 major container ports across North America. Hackett shared insights into the rise of West Coast cargo volumes over the past year and the outlook for a traditional peak season shipping season later this year.
April 2024 loaded imports landed at 416,929 TEUs, up 21% compared to the previous year. Loaded exports came in at 133,046 TEUs, an increase of 51% compared to last year. April marked the 11th consecutive months of year-over-year export gains. Additionally, the US Port processed 220,262 empty containers, a 14% decrease compared to 2023.
Source: Container News
