Port of Los Angeles posts third-best month on record

Ports of LA/LB postpone Container Dwell Fee again

The Port of Los Angeles has posted its third-best month on record – moving 967,900 TEU in May 2022.

Loaded imports reached 499,960 TEU, down 6.8 per cent compared to the same period last year.

Loaded exports came in at 125,656 TEU, a 14.3 per cent increase year-on-year. This also marked the highest level of exports processed at the Port of Los Angeles since November 2020.

Empty containers amounted to 342,285 TEU, a 6.6 per cent decline compared to last year.

Last month’s results rank behind only May 2021 and October 2020.

Year-to-date volumes at the port now total around 4.5 million TEU.

“Retailers replenished inventory throughout the spring and now we’ll see a transition to back-to-school goods, fall fashion and some early year-end holiday products,” said Port of Los Angeles Executive Director Gene Seroka.

“While American consumers have become more cost conscious, overall demand remains strong.

“Meanwhile, we’ve reached a new productivity milestone on our docks. On average, 12,000 TEUs were discharged and loaded back on to every container vessel in May. That eclipsed our own previous best-in-the-business record of 11,300 TEU recorded last summer.”

© Port of Los Angeles via YouTube

In April this year, the Port of Los Angeles completed construction of its $65 million Everport Container Terminal Improvement Project.

The scheme looked to improve Everport’s container handling efficiency and capacity, while also allowing it to accommodate the projected fleet mix of larger vessels anticipated to call at the terminal over the next two decades.

The deployment of these larger vessels encourages fewer ship calls, further reducing air emissions.

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