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Port of Los Angeles continues record-year pace with 900,000 TEU October

Port of Los Angeles
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The Port of Los Angeles processed 902,644 TEU in October – a decrease of 8% compared to 2020.

Year to date, overall cargo volume has increased 22% compared to 2020.

Along with other west coast ports, Los Angeles has considered to introduce a long-term dwell fee for containers lingering in a terminal for nine days or more – but has yet to implement the measure, postponing the next decision date to 22 November.

Since 24 October, the port has experienced a 31% drop – from 94,981 to 65,080 – in the number of import containers at its marine terminals.

Import containers dwelling nine days or more has declined 35%, from 37,410 to 24,361.

Port of Los Angeles Executive Director Gene Seroka commented, “Amid the array of challenges facing the supply chain, we continue to deliver more cargo than ever.

“The National Retail Federation is forecasting a record holiday season as many outlets such as Walmart, Target and Home Depot report strong sales.

“In recent weeks, clearing our docks of imports and empties has been a top priority. As a result, we’ve seen a marked improvement of fluidity on our marine terminals, which allows  more vessels to be processed.”

Some 10 months into 2021, the port has processed 9,079,562 TEU, 22% more than the 7,444,464 TEU handled at this time last year.

October loaded imports reached 467,287 TEU, an 8% decline compared to the previous year, which was the busiest October on record for the port.

Loaded exports dropped 32% to 98,251 TEU compared to 2020.

Empty containers increased to 337,106 TEU, an increase of 2% compared to last year.

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