Port of Los Angeles Sees Best Month in a Year
The Port of Los Angeles moved 833,035 TEUs in June, its best performance since last July and just 5% less than last year’s monthly record.
“Cargo volume has increased a remarkable 70% since February with four months of consecutive gains,” said Port of Los Angeles Executive Director Gene Seroka during a media briefing Wednesday. “Although we will likely see cargo ease in July, I’m optimistic that the second half of 2023 will show improved performance compared to the first six months.”
June’s loaded imports reached 435,307 TEUs, down 2% compared to the previous year. Loaded exports came in at 108,050 TEUs, an increase of 15% compared to last year. Empty containers landed at 289,679 TEUs, a 14% year-over-year decline.
During the first six months of 2023, the port has handled 4,137,379 TEUs, a 24% decline compared to the same period in 2022.
The Port of Los Angeles held a media briefing with Acting U.S. Secretary of Labor Julie Su to discuss the recent tentative agreement between the International Longshore and Warehouse Union and the Pacific Maritime Association, as well as the U.S. Department of Labor’s initiatives to create jobs and empower American workers.
You can watch below (interview starts at 7:50 mark):
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