- LA Port’s Record Quarter Closes with Nearly 3 Million TEUs Processed
- 18% Year-to-Date Growth for Port of Los Angeles in 2024
- Port of LA Handles Record Cargo as Retailers Face Supply Chain Challenges
The Port of Los Angeles established a new record by handling 954,706 TEUs in September 2024, up a staggering 27% from the same period last year, according to officials who made the announcement October 18, 2024, at a meeting in Los Angeles. This achievement concluded the port’s busiest quarter on record, with 2,854,904 TEUs handled over the last three months, reports The Port of Los Angeles.
Year-to-date performance.
Through the end of September 2024, the Port of Los Angeles was up 18% in terms of the pace recorded against the same period last year with a consistent increase over time.
Workforce Efforts
“Just as impressive as these new records is the fact that we managed all this cargo with skill and efficiency,” said Port of Los Angeles Executive Director Gene Seroka. “None of this would be possible without the incredible efforts of our longshore workers, truckers, terminal and rail operators, and other supply chain partners. Their hard work has allowed us to achieve all these records and still be able to handle additional volume.”
Retail and Supply Chain Impact
Matt Shay, the President and CEO of the National Retail Federation, accompanied Seroka at the media event, with Shay offering views on the current labor disruptions on both the East and Gulf Coasts and how the situation is affecting retailers. Shay also provided his assessments on the state of supply chain in advance of heading into the final quarter of 2024.
Cargo Breakdown for September 2024
- Loaded Imports 497,803 TEUs; +26% compared to last year’s September.
- Loaded Exports: 114,702 TEUs, down 5% from last year.
- Empty Containers Processed: 342,201 TEUs, up 45% from 2023.
Year to Date Update
Combined loaded and empty containers processed totalled 7,586,395 TEUs for the first nine months of 2024, an 18% rise on this period last year.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: The Port of Los Angeles
