The Port of Los Angeles announced Tuesday that last month was the third best month in its 115-year history, with 967,900 20-foot equivalent units processed.

The port kept pace with 2021’s record year, with more than 4.5 million TEUs processed in the first five months of 2022, according to port officials.

“Retailers replenished inventory throughout the spring and now we’ll see a transition to back-to-school goods, fall fashion and some early year-end holiday products,” said Port of Los Angeles Executive Director Gene Seroka. “While American consumers have become more cost conscious, overall demand remains strong.”

Seroka added that the port has reached “a new productivity milestone on our docks,” with an average of 12,000 units discharged and loaded onto each container vessel at the port last month.

“That eclipsed our own previous best-in-the-business record of 11,300 TEUs recorded last summer,” he said.

The total number of units processed last month ranks third in the port’s history, behind May 2021 and October 2020, officials said. Of the 967,900 units, nearly 500,000 were imports, a decrease of 6.8% compared to the previous year but 21% higher than the previous five-year May average.

Exports accounted for 125,656 units, a 14.4% increase from the same period last year. It was the highest amount of exports processed at the port since November 2020.

Empty containers decreased in May 6.6% compared to the same month the previous year.

Leave a comment

Your email address will not be published.