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Record March volume gives the Port of Los Angeles best first quarter
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The port serviced 958,674 TEUs in March, the third consecutive monthly throughput record contributing to the port’s best-ever first quarter
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Overall throughput of 2.68 million TEUs for the quarter exceeded volume for the same period last year by 3.5%
The Port of Los Angeles handled 958,674 TEUs (20-foot equivalent units) in March, its third consecutive monthly cargo throughput record, contributing to its best first quarter ever.
Three months into 2022, overall cargo volume has reached 2,682,034 TEUs, a 3.5% increase from 2021.
With improved fluidity on our docks and fewer vessels waiting to enter the port, our terminals are processing cargo at record levels,” said Port of LA executive director Gene Seroka in a statement.
“Yet we’re not taking anything for granted. We’re using our Port Optimizer data to find developing issues and adjust to market demands. We will keep working at this every day.”
Seroka announced the latest cargo data during a media briefing where he hosted an interview with International Longshore and Warehouse Union (ILWU) international president Willie Adams and ILWU coast committeeman Frank Ponce de Leon.
The ILWU leaders discussed the perils dockworkers have faced working through COVID-19, upcoming contract negotiations and a range of other issues.
March throughput of 958,674 TEUs represents the third-best month ever in the port’s 115-year history, just behind the 1,012,048 TEUs recorded last May and 980,729 TEUs in October 2020.
Loaded imports in March reached 495,196 TEUs, an increase of 1% year-on-year. Loaded exports came in at 11,781 TEUs, down 9% from the same period last year. Exports have now declined in 37 of the last 41 months in Los Angeles.
Empty containers climbed to 351,697 TEUs, up 2% from last year.
The busiest seaport in the Western Hemisphere, Port of LA is North America’s leading trade gateway and has ranked as the No.1 container port in the United States for 22 consecutive years.
In 2021, the port facilitated US$294 billion in trade and handled a total of 10.7 million TEUs, the busiest calendar year in its history.
San Pedro Bay port complex operations and commerce create one in nine jobs across the counties of Los Angeles, Orange, Riverside, San Bernardino and Ventura.
