The Port of Los Angeles achieved a record-breaking performance in September 2024, handling 954,706 Twenty-Foot Equivalent Units (TEUs), marking a 27% increase over the same period last year. This milestone also capped the busiest quarter in the Port’s history, with 2,854,904 TEUs processed over the past three months.
As of September 2024, the Port is running 18% ahead of its 2023 pace, signaling robust growth in cargo volumes. This achievement is attributed to the seamless collaboration between longshore workers, truckers, terminal and rail operators, and other supply chain partners, as highlighted by Gene Seroka, Executive Director of the Port of Los Angeles. “Their hard work has allowed us to achieve all these records and still be able to handle additional volume,” said Seroka, emphasising the importance of efficient cargo management.
At a media briefing, Seroka was joined by Matt Shay, President and CEO of the National Retail Federation, who addressed the impact of recent labor disruptions on the East and Gulf Coasts, particularly on retailers, as well as the outlook for supply chain operations in the fourth quarter of 2024.
In September alone, the Port processed 497,803 TEUs in loaded imports, a 26% year-on-year increase. However, loaded exports saw a 5% decrease, coming in at 114,702 TEUs. The processing of empty containers saw a notable 45% rise, with 342,201 TEUs handled during the month.
Cumulatively, the Port has moved 7,586,395 TEUs in the first nine months of 2024, reflecting an 18% increase compared to 2023, reinforcing the Port of Los Angeles’ position as a key player in global trade logistics.
