LA Port volume up 3% in August, LB Port reports 15% decline

The Port of Los Angeles moved 828,016 TEUs in August, a 3% increase compared to the same period last year. It was the Port’s first monthly year-over-year increase in 13 months.

August was a very solid month with increases both on the import and export sides of our business. Overall, global trade has eased this year and we expect that trend to continue in the coming months. Operationally, Los Angeles stands ready with the capacity we’re prepared to scale on demand: Gene Seroka, Port of Los Angeles.

The Port of Long Beach saw a modest start to the traditional peak shipping season as warehouses remained overstocked and consumers continued to pivot toward travel and other summertime activities. Dockworkers and terminal operators moved 682,312 TEUs in August, a 15% decline from August 2022.

We anticipated a modest peak season as our cargo numbers continue to stabilise at pre-pandemic levels. Over the long-term, we are strengthening our competitiveness by investing in digital and physical infrastructure projects that will keep goods moving efficiently for decades to come: Mario Cordero, Port of Long Beach

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