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LA, Long Beach Ports Report Big Gains for August

LA, Long Beach Ports Report Big Gains for August LA, Long Beach Ports Report Big Gains for August

The Port of L.A.’s cargo volume last month beat a record set in October 2018 and was up 12% compared to August 2019. The busy season at the San Pedro Bay Port Complex is off to a good start, with both ports reporting cargo volume increases for August. The Port of Los Angeles handled 961,833 twenty-foot-equivalent units of cargo in August, beating out its previous volume record set in October 2018, and 12% more than in August 2019. Imports increased year over year by 18% to 516,286 TEUs, exports were down 10.2% to 131,429 TEUs, and the volume of empty containers was up 13.3% to 314,118 TEUs. Terminal operators and dockworkers at the Port of Long Beach moved 725,610 TEUs of cargo last month, a 9.3% increase compared to same period last year. Imports rose 13% to 364,792 TEUs while exports grew 1% to 126,177 TEUs. The volume of empty containers shipped overseas increased 8.5% to 234,642 TEUs. “This is the first time in our history that we’ve ever crossed the half-million mark on imports,” Port of Los Angeles Executive Director Gene Seroka said during a video press conference. “However, imports are still down year to date through August […]

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