Port of Los Angeles handles 688,000 TEUs in April

The Port of Los Angeles processed 688,110 TEUs in April, a 22% decrease compared to last April, which was the second busiest on record.

Loaded imports in April 2023 totalled 343,689 TEUs, a 25% decrease from the previous year. Loaded exports reached 88,202 TEUs, a 12% decrease from the previous year, while empty containers amounted to 256,220 TEUs, a 23% drop from 2022.

Port of Los Angeles freight climbed 28% in March 2023 compared to February 2023, while cargo increased 10% in April 2023 compared to March 2023.

The Port handled 2,525,204 TEUs in the first four months of 2023, a 29% decrease over the same period of 2022. Last year began with the finest four-month start in the port's history.

“A cooling global economy, warehouses laden with ageing inventory and prolonged West Coast labour negotiations have all contributed to a slowdown in trade,” stated Gene Seroka, executive director of Port of Los Angeles.

Seroka further added, “If economic conditions improve and we get a labour deal in place, that will help improve volume the second half of the year. We are prepared for the next cargo surge, whenever it comes.”

Source: Container News


Related News

Long Beach breaks container volume record for February
Long Beach breaks container volume record for February

California's major port in Long Beach has reported its busiest February in its history, moving 796,560 TEU, which translates to a 3.2% increase compared to the same month last year.

Georgia Ports receives green light for new rail hub in Gainesville
Georgia Ports receives green light for new rail hub in Gainesville

Georgia Ports Authority (GPA) executive director Griff Lynch confirmed that GPA’s Network Georgia plans to develop rail hubs around the state is gaining momentum, with federal environmental approval for an inland terminal near Gainesville.

London Medway reports signficant growth in trade as congestion issues plague South East ports
London Medway reports signficant growth in trade as congestion issues plague South East ports

London Medway, part of the Peel Ports Group, has reported a significant increase in unaccompanied freight trade in recent weeks, between the United Kingdom and France amid ongoing delays at the port of Dover.


main.add_cart_success