by Lisa Baertlein (Reuters) - Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation’s busiest seaport said on Wednesday. Workers unloaded 471,795 20-foot equivalent units (TEU) of imports in September, 17% more than the year earlier, marking the … [Read more...]
Ships Wait to Unload at Port of Los Angeles as China Imports Boom
By Lisa Baertlein LOS ANGELES, Oct 14 (Reuters) - Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation's busiest seaport said on Wednesday. Workers unloaded 471,795 20-foot equivalent units (TEU) of imports in September, 17% more than the year … [Read more...]
Port of Los Angeles Reports Strongest Month Ever in August
The Port of Los Angeles recorded its first monthly cargo increase of the year in August as imports soared to a record high, helping the port to its strongest month ever. In August, the port processed 961,833 Twenty-Foot Equivalent Units (TEUs), up 12% from August 2019. The port said the increase was mainly driven by imports, which eclipsed 500,000 TEUs for the first time … [Read more...]
Port of Los Angeles Reports Best Month of 2020
The Port of Los Angeles says it saw its busiest month so far this year in July as retailers restock inventories ahead of the holiday season. The port said its 856,389 TEUs in July, trailing last year's record-setting July by 6.1%. “Fewer canceled sailings and 11 additional ‘ad hoc’ or unscheduled ship calls helped drive both imports and exports higher than recent months … [Read more...]
Port of Los Angeles Cargo Volumes Down 17% in First Half 2020
More than 776,000 fewer twenty-foot equivalent cargo containers moved across the docks at the Port of Los Angeles in the first half of 2020 compared to last year due to combined impacts of the coronavirus pandemic and the on-going Trade War with China. The port's executive director Gene Seroka announced the June and first half 2020 numbers in a wide-ranging mid-year … [Read more...]