Port Of Los Angeles Surpasses 740,000 TEUs In March

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  • The Port of Los Angeles processed 743,417 container units marking an increase.
  • The first quarter performance ranks among the Port’s strongest.
  •  Expected cargo flow to continue in April and the second quarter, citing a strong job market.

The Port of Los Angeles processed 743,417 container units in March, marking a 19% increase from the previous year, reports Container News.

Consistent Growth Trend

This achievement marked the eighth consecutive month of year-over-year growth at the busiest port in the United States.

First Quarter Performance

Dockworkers facilitated the movement of 2,380,503 TEUs during the first quarter ending on March 31, representing a nearly 30% rise from 2023.

Strong First Quarter Start

The first quarter performance ranks among the Port’s strongest, second only to the import surge witnessed during the pandemic in 2021 and 2022.

Expectations for the Second Quarter

Executive Director Gene Seroka expects robust cargo flow to continue in April and the second quarter, citing a strong job market and continued consumer spending.

Addressing Cybersecurity

Anne Neuberger, deputy national security advisor for Cyber and Emerging Tech, discussed President Biden’s recent executive order aimed at strengthening cybersecurity measures at US ports during a media briefing at the Port.

Import and Export Performance

Loaded imports rose by 19% to 379,542 TEUs compared to the previous year, while loaded exports saw a notable 47% increase, marking the strongest export performance since January 2020.

Empty Container Handling

The Port also handled 219,158 empty containers, reflecting a 7% increase over the figures from 2023.

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Source: Container news