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Port of Los Angeles cargo volume continued growth in September
Port of Los Angeles cargo volume continued growth in September
BUSINESS OCT 24, 2023
by City News Service Inc.
The Port of Los Angeles handled 748,440 twenty-foot equivalent units in September, a 5.4% improvement compared to the same month last year, marking the second consecutive month cargo volume increased, port officials announced Monday.
“September was another good month, with imports up 14% and exports jumping 55%,” Gene Seroka, executive director of the Port of Los Angeles, said during an online briefing. “Exports are trending up, and that’s good news because narrowing the trade gap boosts the U.S. economy. Additionally, exports jobs on average pay more than work in other segments.”
He added, “With a long-term dockworker contract in place, we’re seeing more cargo shifting back to Los Angeles. The table is set to scale up as demand increases.”
In Los Angeles, September 2023 loaded imports landed at 392,608 TEUs, an increase of 14% compared to September 2022. Loaded exports cam in at 120,635 TEUs, an increase of 55% compared to last year.
{snip}
BUSINESS OCT 24, 2023
by City News Service Inc.
The Port of Los Angeles handled 748,440 twenty-foot equivalent units in September, a 5.4% improvement compared to the same month last year, marking the second consecutive month cargo volume increased, port officials announced Monday.
“September was another good month, with imports up 14% and exports jumping 55%,” Gene Seroka, executive director of the Port of Los Angeles, said during an online briefing. “Exports are trending up, and that’s good news because narrowing the trade gap boosts the U.S. economy. Additionally, exports jobs on average pay more than work in other segments.”
He added, “With a long-term dockworker contract in place, we’re seeing more cargo shifting back to Los Angeles. The table is set to scale up as demand increases.”
In Los Angeles, September 2023 loaded imports landed at 392,608 TEUs, an increase of 14% compared to September 2022. Loaded exports cam in at 120,635 TEUs, an increase of 55% compared to last year.
{snip}