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Search Results for: los angeles

Port of Los Angeles signs agreement to boost Central Valley trade

Port of Los Angeles signs agreement to boost Central Valley trade

Ports and Terminals, Global Trade, Supply Chain
The Port of Los Angeles handled 716,619 TEUs in May, a 5 per cent decline from the same month last year, marking its lowest monthly volume in over two years. After 10 consecutive months of year-over-year (YoY) growth, cargo movement slowed due to the impact of tariffs on both imports and exports. Port Executive Director, Gene Seroka, said: “May typically sees higher volume than April as we near peak season, but imports dropped 19 per cent month-over-month (MoM). “Without long-term trade agreements, we may face higher prices and limited product availability during the holiday season. Ongoing tariff uncertainty is already affecting consumers, businesses, and workers.” Joining Seroka at the briefing, Ernie Tedeschi, Director of Economics at The Budget Lab at Yale, outlined the broader impact of tariffs on American households. READ: Port of Los Angeles posts strong April before tariff impact Tedeschi stated: “We estimate tariffs will raise prices by 1.5 per cent, reducing purchasing power by about $2,500 per household annually. “The burden falls more heavily on lower-income families, especially for commonly imported goods like shoes, apparel, and electronics, which could see double-digit price increases.” In May 2025, loaded imports totalled 355,950 TEUs (down 9 per cent YoY), exports were 120,196 TEUs (down 5 per cent), and empty containers increased 2 per cent to 240,472 TEUs. Despite the monthly slowdown, year-to-date (YTD) volume reached 4.06 million TEUs — 4 per cent above the same period in 2024. Los Angeles Mayor Karen Bass recently convened a roundtable with goods movement, labour, and business leaders to discuss the impact tariffs had on the Port of Los Angeles and the broader business climate.

Tariff impact pushes Port of Los Angeles to two-year low

Container Handling, Port Development, Ports and Terminals
Mayor signals support for Port of Los Angeles amidst tariff uncertainty  

Mayor signals support for Port of Los Angeles amid tariffs

Ports and Terminals, Global Maritime Affairs, Global Trade, Policy and Regulation
Port of Los Angeles approves clean truck spending plan

Port of Los Angeles approves clean truck spending plan

Sustainability and Decarbonisation, Port Development, Ports and Terminals
Port of Los Angeles posts strong April before tariff impact

Port of Los Angeles posts strong April before tariff impact

Container Handling, Port Development, Ports and Terminals
Port of Los Angeles sees strong Q1 amid tariff threat

Port of Los Angeles sees strong Q1 amid tariff threat

Container Handling, Global Trade, Ports and Terminals
Port of Los Angeles handles over 800,000 TEUs in February

Port of Los Angeles handles over 800,000 TEUs in February

Container Handling, Port Development, Ports and Terminals
Port of Los Angeles names new Chief of Staff

Port of Los Angeles names new Chief of Staff

People, Maritime Jobs, Ports and Terminals
Port of Los Angeles exceeds 900,000 TEUs in January

Port of Los Angeles exceeds 900,000 TEUs in January

Container Handling, Global Trade, Ports and Terminals
Los Angeles Port Police recover $600,000 worth of stolen chassis

Los Angeles Port Police recover $600,000 worth of stolen chassis

Safety and Security, Ports and Terminals
Port of Los Angeles appoints key leadership figures

Port of Los Angeles appoints key leadership figures

People, Maritime Jobs, Ports and Terminals
The Port of Los Angeles has appointed Jeffrey Strafford as its new chief financial officer.

Port of Los Angeles appoints new CFO

Maritime Jobs, People, Ports and Terminals

Key Industry Associations

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