Port of Los Angeles hits new record for handling volume in February

Port of Logs Angleles, USA

 
In February, the volume of imported cargo containers at the Port of Los Angeles reached 424,073 TEUs, up 2.7% over the same period in 2021. Meanwhile, the volume of imported cargo containers continued to decline for the 36th times in the past 40 months, with a total output of only 95,441 TEUs, down 5.7% compared to February last year.

In terms of empty containers, throughput at the Port of Los Angeles increased to 338,251 TEUs, up 18.6% year over year, mainly due to continued strong demand in Asia.

Gene Seroka, chief executive officer of the Port of Los Angeles, commented: “We’re taking advantage of the temporary lull in ship arrivals due to the Lunar New Year production slowdown in Asia to prepare for another wave of imports.” He commented, “We expect an increase in those vessel arrivals soon, as retailers begin to replenish their low inventories.”

In the first two months of 2022, California ports reached 1,723,360 TEUs throughput, up 5.4% year-on-year.

 
Read more:

• Port of Los Angeles achieves a new record for container handling volume in 2021
• Port of Los Angeles intends new plans for empty container fees
• Port of Los Angeles achieved a throughput of over 900,000TEU in October
• New record: 81 container ships waiting outside the ports of Los Angeles and Long Beach
• Port of Los Angeles grows fast in container handling but the joy is not complete
• Empty containers seriously congested at US West Coast ports when congestion is at a record level

Source: Phaata.com (According to ContainerNews)

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