Port of Los Angeles cargo rises by 12% YoY in Apr, 25% YoY in Jan-Apr

23 May '24

1 min read

Port of Los Angeles cargo rises by 12% YoY in Apr, 25% YoY in Jan-Apr

Pic: Port of Los Angeles

Insights

The docks at the Port of Los Angeles handled 770,337 container units in April, a 12-per cent rise YoY. It was the ninth consecutive month of YoY growth at the nation's busiest port.
Between January and April this year, waterfront workers have processed 3,150,841 twenty-foot equivalent units across Los Angeles marine terminals––nearly 25 per cent higher YoY.

The docks at the Port of Los Angeles handled 770,337 container units in April, a 12-per cent increase year on year (YoY). It was the ninth consecutive month of YoY growth at the nation’s busiest port.

The port handles the largest amount of container volume and cargo value in the country, serving as a major gateway for international trade, particularly with Asia.

Four months into 2024, waterfront workers have processed 3,150,841 twenty-foot equivalent units (TEUs) across Los Angeles marine terminals––nearly 25 per cent more than 2023. That’s also 5 per cent higher than the port’s running five-year average dating back to 2019, including two years of record volumes during the pandemic.

“All our vital operational statistics at the Port of Los Angeles are at or better than pre-COVID levels,” said Port of Los Angeles executive director Gene Seroka in a release from the port authority.

April 2024 loaded imports landed at 416,929 TEUs—up by 21 per cent YoY. Loaded exports came in at 133,046 TEUs—an increase of 51 per cent YoY. April marked the 11th consecutive months of YoY export gains.

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