Port of Los Angeles April volumes to near 900,000 TEU, predicts Seroka

Gene Seroka, Executive Director of the Port of Los Angeles, has predicted the port’s April container volumes to reach 890,000 TEU.

This would cement the month as Los Angeles’ second-busiest April in its history, only trailing last April’s 946,000 TEU mark.

The Executive Director outlined his prediction during a media briefing where he also discussed the upcoming longshore labor contract negotiations with Jim McKenna, President and CEO of the Pacific Maritime Association (PMA).


© Port of Los Angeles via YouTube
The pair noted that despite COVID-19 lockdowns in China, there has been no dramatic change in the amount of vessels or cargo leaving the country.

“While conditions could change,” said Seroka, “I don’t foresee a bust coming in Trans-Pacific trade. More likely, we may see a lull in volume with a fairly quick bounce back when the lockdowns end.”

The Port of Los Angeles also recently completed its best quarter ever, moving a record 2,682,034 in Q1 2022, a 3.5 per cent increase compared to Q1 2021.

In March, a total of 958,674 TEU passed through the port’s facilities. Loaded imports reached 495,196 TEU, a 1 per cent year-on-year increase, loaded exports came in at 11,781 TEU, down 9 per cent year-on-year.

Empty containers climbed to 351,697 TEU, a jump of 2 per cent compared to March 2021.
https://www.porttechnology.org/news/port-of-los-angeles-april-volumes-to-near-900000-teu-predicts-seroka/