The Port of Los Angeles saw its October cargo volumes tumble 25% from the same time a year ago, moving 678,429 TEUs last month, according to new data released by the port Nov. 15.
The port saw loaded imports for October down 28% to 336,307 TEUs and loaded exports down 8.7% to 89,722 TEUs when compared from October 2021 to October 2022, according to the new data.
Empty containers last month also dropped 25% to 252,401 TEUs year over year.
So far this year, the port has moved more than 8.54 million TEUs, down 6% from the first 10 months of 2021.
“With cargo owners bringing goods in early this year, our peak season was in June and July instead of September and October,” Port Executive Director Gene Seroka said during a recent media briefing. “Additionally, cargo has shifted away from the West Coast as some shippers await the conclusion of labor contract negotiations. We’ll do everything in our power to get that cargo back.”