Ports Set Records With February Cargo Volume

The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce back from the pandemic. The Port of Los Angeles said it processed 799,315 Twenty-Foot Equivalent Units (TEUs) last month for a 47% jump compared to February 2020 when the world was [...]

By |2021-03-24T15:29:41+00:00March 24th, 2021|.|Comments Off on Ports Set Records With February Cargo Volume

Trade Volume at Los Angeles’ Twin Ports Tumbles in October, Vacancy Rates Remain Low

Trade volume fell sharply at Southern California's twin ports of Los Angeles and Long Beach in October, as measured by loaded 20-foot equivalent unit containers, known as TEUs. For the month, trade volume was 12.4% lower than a year ago, continuing the decline in shipping activity seen since the end of 2018, while the less-volatile, six-month trailing average declined [...]

By |2020-05-21T22:56:50+00:00November 18th, 2019|.|Comments Off on Trade Volume at Los Angeles’ Twin Ports Tumbles in October, Vacancy Rates Remain Low