The Port of Los Angeles handled a record-breaking 939,600 TEUs in July, a 37% increase over the previous year.
According to the port’s data, it was the best July in the LA port’s 116-year history and the busiest month in more than two years.
Additionally, seven months into 2024, the Port of Los Angeles is 18% ahead of its 2023 pace.
“We’ve seen an influx of year-end holiday goods coming across our docks a bit earlier than usual to avoid any risk of delay later in the year,” said Port of Los Angeles Executive Director Gene Seroka. “These goods – think toys, electronics and clothing – are arriving at the same time as more typical back-to-school, fall fashion and Halloween merchandise. An early peak season has helped to boost volumes here in Los Angeles.”
July’s loaded imports landed at 501,281 TEUs, a 38% spike compared to the previous year, while loaded exports came in at 114,889 TEUs, an increase of 4% compared to last year. The US port processed 323,431 empty containers, a 54% jump compared to 2023.
“It was the 14th consecutive month of year-over-year export gains in Los Angeles,” noted the Port of Los Angeles in a statement.
Overall, the Port has moved 5,671,091 TEUs the first seven months of 2024, an 18% increase over the 2023 mark.
Source: Container News