Port of Los Angeles breaks new freight record in July

The Port of Los Angeles handled approximately 935,345 twenty-foot equivalent units (TEUs) in July, surpassing the previous record set in 2019 by 2.5 percent. The port set monthly records for five of seven months in 2022.

“Remarkably, we continue to move record amounts of cargo while reducing the vessel backlog by nearly 90%, a tremendous achievement by all of our partners,” Port of Los Angeles Executive Director Gene Seroka said during of a press conference on Wednesday. “Even with the current rail challenges, our marine terminals are more fluid than last year. This is partly due to our Port Optimizer data portal which allows our stakeholders to see around the corners and fix issues before they arise.

Seroka noted that Southern California’s supply chain landscape has improved, noting that ships are now waiting for space in many other ports around the country.

“Our terminals have capacity,” added Seroka. “For freight owners looking to get back on track, come to Los Angeles. We are ready to help you.

Seroka was joined at the press conference by Matt Schrap, general manager of the Harbor Trucking Association. Schrap discussed the impact of AB5 on California truckers, how to attract and retain new drivers, and the trucking industry’s transition to cleaner vehicles.

While July’s official cargo volume will soon be available on the port’s website, Seroka offered estimates on Wednesday that are only expected to change slightly once final.

July 2022 loaded imports reached approximately 485,472 TEUs from the previous year, an increase of 3.4% and 8% above the previous five-year average of June.

Loaded exports reached approximately 103,497 TEUs, an increase of 13% compared to the same period last year. Empty containers reached approximately 346,376 TEUs, an increase of 5% compared to last year.

Seven months into 2022, the Port of Los Angeles has moved about 6,349,248 TEUs, at the pace of the record set last year.

The busiest seaport in the Western Hemisphere, the Port of Los Angeles is North America’s leading commercial gateway and has ranked as the top container port in the United States for 22 consecutive years. In 2021, the port facilitated $294 billion in trade and handled a total of 10.7 million container units, the busiest calendar year in the port’s 115-year history. The operations and commerce of the San Pedro Bay port complex facilitates one in nine jobs in Los Angeles, Orange, Riverside, San Bernardino and Ventura counties in Southern California.
Source: The Port of Los Angeles