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Home » Port of LA Volumes Up 14% for First Six Months, YoY

Port of LA Volumes Up 14% for First Six Months, YoY

A CONTAINER SHIP IS BEING UNLOADED AT THE PORT OF LOS ANGELES.

Photo: iStock / viavado

July 18, 2024
SupplyChainBrain

The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month, adding up to an increase of 14% for the first six months of 2024, compared to the same period in 2023. 

“June was a great month at the Port of Los Angeles, capping off of a stellar first half of the year,” Port of Los Angeles Executive Director Gene Seroka said at a media briefing July 17. “The last six months have been steady and consistent, both in terms of cargo volume and, equally important, the efficiency on and around our terminal operations. 

“The U.S. economy continues to be the primary driver of our cargo volume and I expect to see that continue in the months ahead.” Seroka added. “We have ample capacity on our docks to efficiently handle more goods as retailers and e-commerce outlets begin to move fall fashion, Halloween and year-end holiday items through the supply chain.”  

Read More: New Proposed Trump Tariffs Could 'Fundamentally Alter' U.S. Supply Chains

June 2024 loaded imports were 428,753 TEUs, a 1.5% drop compared to the previous year. Loaded exports came in at 122,515 TEUs, an increase of 13% compared to last year. June marked the 13th consecutive month of year-over-year export gains in Los Angeles. 

The Port processed 276,489 empty containers in June 2024, a 4.5% decrease compared to 2023.

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