Shipping
AMID IMPORT SURGE, PORT OF LA SAW AUGUST CARGO VOLUME EXCEED 954K TEUS
September 15, 2021
Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of Los Angeles.
In August, the Port processed 954,377 Twenty-Foot Equivalent Units (TEUs), just shy of last August’s record of 961,833 TEUs.
Eight months into the 2021 calendar year, overall cargo volume is 7,273,053 TEUs, an increase of 30% compared to 2020.
“Our Port Optimizer™ data indicates significant volume headed our way throughout this year and into 2022,” said Port of Los Angeles Executive Director Gene Seroka.
“To better manage this record cargo, the Port of Los Angeles is co-hosting roundtable discussions with dozens of public and private stakeholders,” Seroka added, noting that the port is also “pursuing short- and longer-term strategies with our partners in order to scale up to meet increased demand.”
Empty containers climbed to 367,413 TEUs, a jump of 17% compared to last year due to the continued demand in Asia.
Port of LA said it was the highest number of empty containers the Port has handled in a single month, eclipsing the 361,359 TEUs processed in May 2021.
North America’s busiest seaport by container volume and cargo value, noted that it facilitated US$259 billion in trade during 2020.
