PORT OF LA REPORTS 9TH MONTH OF CONSECUTIVE CARGO GROWTH IN APRIL

Port of Los Angeles (Port of LA) saw increased cargo volumes for the ninth consecutive month in April, handling 770,337 container units, a 12% increase over the previous year.

 

Four months into 2024, North America's busiest port said it handled 3,150,841 Twenty-Foot Equivalent Units (TEUs) across Los Angeles marine terminals — 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 Gene Seroka, executive director at Port of Los Angeles.

 

"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," he added.

 

Meanwhile, in 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 month of year-over-year export gains.

 

Port of LA processed 220,262 empty containers, a 14% decrease compared to 2023.