Cargo volume at the Port of Los Angeles registered a dramatic 21 per cent fall in November compared to the same period last year.
The port handled 639,344 TEU last month, the lowest figure in months after registering soft volumes in October as well.
Overall, the port has handled 7 per cent less cargo in the first 11 months of 2022 compared to last year’s all-time record.
Whilst the two-year stretch of a containership backup at the Port of Los Angeles and Port of Long Beach has officially ended, “imports into the United States have begun to level off, in addition to cargo that has shifted away from West Coast ports due to protracted labour negotiations,” said Port of Los Angeles Executive Director Gene Seroka during a media briefing.
“In the months ahead, we’re going to have to work harder and smarter to earn cargo back. Every ship, every train, every truck needs to be handled with the top-level service our customers expect and deserve.”
November 2022 loaded imports reached 307,080 TEU, down 24 per cent compared to the previous year.
Loaded exports came in at 90,116 TEU, an increase of 9 per cent compared to last November.
Empty containers landed at 242,148 TEU, a 26 per cent year-over-year decline.
In this year’s edition, the Port of Los Angeles secured its spot at the top of the list.