Port of Los Angeles nears 1 million TEU in August

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Port of Los Angeles nears 1 million TEU for August

The Port of Los Angeles handled a near-record 960,597 TEU in August, a 16 per cent increase over the previous year.

The Port of Los Angeles reported that it was the busiest non-pandemic month ever at the port.  

Overall, the port has moved 6.6 million TEU over the first eight months of 2024. The Port of Los Angeles is 17 per cent ahead of its 2023 pace, already moving nearly 1 million more containers than last year.  

August 2024 loaded imports landed at 509,363 TEU, an 18 per cent increase compared to the previous year.

Loaded exports came in at 121,744 TEU, a slight drop of 3 per cent compared to 2023. The port processed 329,491 empty containers, a 22 per cent jump compared to 2023. 

READ:  Port of Los Angeles appoints new Deputy Executive Director

“The American consumer continues to spend and that’s helping to power our economy,” said Port of Los Angeles Executive Director Gene Seroka.

“Some of the cargo arriving now is replenishing inventories even beyond the year-end holiday season. Combined with a steady flow of manufacturing parts and components, we should continue to see elevated volume in the near term.” 

“It’s been a very busy summer on our docks and I’m thankful to all of our dedicated waterfront workers and terminal operators for their commitment for handling this level of volume safely and efficiently through America’s port,” Seroka added.

Earlier this July, the Port of Los Angeles completed a rail extension project on Pier 400 to enhance cargo movement, cut pollution, and increase traffic safety.

In the same week, the California Governor’s Office of Business and Economic Development (GO-Biz) awarded a $8 million grant to upgrade the Port of Los Angeles’ Port Optimizer digital data portal.

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