As evidenced by the steady amount of cargo streaming through the Port of Los Angeles, strong American consumer demand has continued unabated for more than a year.
In August, the Port processed 954,377 Twenty-Foot Equivalent Units (TEUs), just shy of last August’s record of 961,833 TEUs.
Eight months into the 2021 calendar year, overall cargo volume is 7,273,053 TEUs, an increase of 30% compared to 2020.
August 2021 loaded imports reached 485,672 TEUs, a decrease of 6% compared to the previous year, when American retailers ramped up orders to restock low inventory. Loaded exports decreased 23% to 101,292 TEUs compared to the same period last year.
Empty containers climbed to 367,413 TEUs, a jump of 17% compared to last year due to the continued demand in Asia. It was the highest number of empty containers the Port has handled in a single month, eclipsing the 361,359 TEUs processed in May 2021.
Source: Port of Los Angeles< Return