Port of LA Monthly Cargo Up in October

Image: Port of Los Angeles.

For the third straight month, the Port of Los Angeles saw its cargo numbers rise year over year, according to statistics released by the port Nov. 17.

Last month, Los Angeles handled 725,775 TEUs, jumping 7% from the same time in 2022, data show.

Loaded imports rose 11% year over year with 372,455 TEUs, and loaded exports spiked 35% with 121,277 TEUs when compared to October 2022. Meanwhile, empties dipped 8% to 232,043 TEUs.

Statistics show that through the first 10 months of 2022, the port moved more than 7.1 million TEUs, about 16.6% less than the same period of time in 2022.

“Our terminal operators, labor and other stakeholders have worked hard to earn cargo market share back over the last three months,” port Executive Director Gene Seroka said. “Additionally, November is also shaping up to be a strong month as we see a final holiday push and warehouse replenishment.”

Seroka also added that Zim Integrated Shipping Services has returned and is restarting an express direct service between South China and Los Angeles. The 12.5-day service had been suspended in March 2023 due to low demand.

“We’re pleased to welcome back Zim and its eCommerce Express service back to the Port of Los Angeles,” Seroka said. “This is the fastest, most efficient route for trade with Asia.”

By Karen Robes Meeks