San Pedro Bay ports have reported an increase in container volumes during the previous month, with the Port of Los Angeles (POLA) moving 763,262 TEUs in a 19% year-over-year improvement and the Port of Long Beach (POLB) moving 731,033 TEUs in a 24.2% growth over November 2022.
November's loaded imports at the LA port landed at 384,619 TEUs, an increase of 25% compared to the previous year. Loaded exports reached 111,755 TEUs, an increase of 24% year-over-year. At the same time, empty boxes totalled 266,888 TEUs, translating to a 10% growth compared to last year.
In Long Beach, container imports rose 37% to 355,339 TEUs, but exports declined 13% to 108,798 TEUs. Additionally, empty containers moved through the port were up 30.6% to 266,896 TEUs.
"Black Friday and Cyber Monday sales were strong, and the forecast for overall holiday sales is 3 to 4% above last year, another high mark," stated POLA executive director Gene Seroka. Eleven months into 2023, the port of Los Angeles has processed 7,887,162 TEUs, 14% less than the same period last year, while the port of Long Beach has handled 7,308,848 TEUs, down 14.9%.
For more information: container-news.com