Business

Ports of Los Angeles/ Long Beach See September Cargo Volumes Cool

SAN PEDRO/LONG BEACH With high levels of retail and other inventory already on shelves and in warehouses, the Ports of Los Angeles and Long Beach both report cargo volume eased again in September.

The Port of Los Angeles handled 709,873 Twenty-Foot Equivalent Units (TEUs) in September 2022, a 21.5% decrease from September 2021, which was the port’s busiest September on record.

Closing out the third quarter, the Port of Los Angeles has processed 7,864,514 TEUs during the first nine months of 2022, about 4% down from last year’s record pace.

September 2022 loaded imports reached 343,462 TEUs, down 27% compared to the previous year. Loaded exports came in at 77,680 TEUs, up 3% compared to last September. Empty containers landed at 288,731 TEUs, a 20% decline compared to last year.

Watch Briefing Here

The Port of Long Beach pointed to diminishing consumer demand and inflation concerns, leading to a decline in cargo containers moved in September.

Dockworkers and terminal operators moved 741,823 twenty-foot equivalent units (TEUs) of cargo containers last month, down 0.9% from September 2021. Imports decreased 7.4% to 342,671 TEUs, while exports increased 1.9% to 112,940 TEUs. Empty containers moved through the Port rose 7% to 286,212 TEUs.

The Port of Long Beach has moved 7,342,383 TEUs during the first nine months of 2022, up 3.5% from the same period in 2021. Additionally, the Port processed 2,334,605 TEUs between July 1 and Sept. 30, down 0.3% from the third quarter of 2021.

 

 

Reporters Desk

Recent Posts

County to Protect Medi-Cal and CalFresh Access for 1.7 Million Residents Amid New Federal Work Requirements

The motion also calls for the expansion of workfare and volunteer opportunities across county departments…

8 hours ago

Governors Briefs: CalRx® Insulin, $11 a Pen, Will Soon be Available and Appointment Announced

This launch marks a significant step in the state's ongoing effort to lower prescription drug…

8 hours ago

Purdue Student Paper Shows Solidarity With Rival

  After the Indiana University Media School fired its director of student media and banned…

9 hours ago

POLA Lead Attorney Steve Otera Named Corporate Counsel of the Year by LA Business Journal

  LOS ANGELES — The Los Angeles Business Journal has given a top legal honor…

9 hours ago

Ports Briefs: POLB Cargo Slows as Clean Truck Study and Air Quality Report Highlight Progress

The Final 2024 Class 8 Drayage Truck Feasibility Assessment Report focuses on battery electric and…

12 hours ago

Public Health Investigating Possible Local Spread of Clade I Mpox; Third Case Confirmed in Los Angeles County

So far in 2025, Public Health has reported 118 cases of clade II mpox.

1 day ago