PORT OF LA POSTS RECORD VOLUMES FOR 7TH MONTH — TREND IN THE “RIGHT DIRECTION”

Port of Los Angeles handled 946,966 Twenty-Foot Equivalent Units (TEUs) in April, up 37% compared to the same month last year.

 

In a statement, America's busiest container port said last month's performance was "the best April in the port’s 114-year history and the ninth consecutive month of year-over-year increases."

 

It added that four months into the year, overall cargo volume has increased 42% compared to 2020.

 

Since January, the Port of Los Angeles has processed 3,539,397 TEUs.

 

Record volumes set

 

“We have set records six of the last nine months, and the other three months were very close to new milestones,” said Genere Seroka, Port of Los Angeles executive director. “It’s truly been an unprecedented run here in Los Angeles.”

 

Seroka noted that key data points continue to trend in the right direction.

 

“Fewer ships are going straight to anchor, and of those that do, the wait time is decreasing as our labor force and supply chain partners adeptly handle the steady stream of cargo on our docks,” Seroka added.

 

In its statement, Port of LA noted that April saw loaded imports reached 490,127 TEUs compared to the previous year, an increase of 32%.

 

Loaded exports, meanwhile, declined 12% to 114,449 TEUs, marking the 27th decline over the last 30 months.

 

Empty containers reached 342,391 TEUs, a jump of 82% compared to last year due to the heavy demand in Asia.

 

A total of 89 cargo vessels arrived in April, including 2 extra loaders.

 

Port of LA, North America’s leading seaport by container volume and cargo value, facilitated $259 billion in trade during 2020.