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PORT OF LA SETS NEW CARGO RECORD IN JUNE
July 14, 2022
The Port of Los Angeles announced a new cargo record in June moving 876,611 Twenty-Foot Equivalent Units (TEUs), edging out last year as the best June in the Port's 115-year history.
North America's busiest cargo port said at the mid-point of 2022, the Port has handled more than 5.4 million TEUs, matching last year's record-setting pace.
"Halfway through the year, we've been able to reduce the number of vessels waiting to berth by 75%, allowing dock workers to efficiently process more vessels," said Gene Seroka, executive director of Port of Los Angeles.
Cargo volume to remain robust in H2
"We're already beginning to handle back-to-school, fall fashion, and year-end holiday goods. Despite inflation and higher-than-usual inventory, we expect cargo volume to remain robust in the second half of the year," Seroka added.
Port of LA noted that June 2022 loaded imports reached 444,680 TEUs compared to the previous year, a decrease of 5% but 12% higher than the previous five-year June average.
Loaded exports came in at 93,890 TEUs, a 2.3% decrease compared to the same period last year. American exports out of the Port of Los Angeles have declined in 39 of the past 44 months.
Meanwhile, empty containers reached 338,041 TEUs, an increase of 8.1% compared to last year.
The busiest seaport in the Western Hemisphere, the Port of Los Angeles is the number one container port in the United States for 22 consecutive years.
In 2021, the Port facilitated $294 billion in trade and handled a total of 10.7 million container units, the busiest calendar year in the Port’s 115-year history.
