Growth of 18%! Container volume at the two ports in the United States and Spain surged
Growth of 18%! Container volume at the two ports in the United States and Spain surged
Container volumes at the U.S. West Coast gateway ports of Los Angeles and Long Beach surged in January 2024 as retailers restocked ahead of the Chinese Lunar New Year holiday.agent shipping china
The Port of Los Angeles reported handling 855,652 TEU in January 2024, an 18% increase from the same period in 2023.agent shipping china
Gene Seroka, executive director of the Port of Los Angeles, cited two reasons for the strong first month of 2024.agent shipping china
"First, cargo owners have been restocking and moving goods quickly ahead of the Lunar New Year holiday, which will slow production in Asia," he said. "Second, consumer spending and mostly strong economic data continue to accelerate the U.S. economy.door to door service
Seroka said holiday sales rose nearly 4% last quarter, job growth was strong and other key indicators were moving in a positive direction.door to door service FCL container
January 2024 loaded imports at the Port of Los Angeles in January were 441.763 Teu, up 19% from last year, while loaded exports were 126.554 Teu, up 23% from last year.door to door service
The situation is similar at the Port of Long Beach, where throughput in January increased 17.5% year-on-year to 674,015 Teu. Among them, imports from the Port of Long Beach increased by 23.5% to 325.339 Teu in January, while exports fell by 18.1% to 86,525 Teu.FCL container
Port of Long Beach CEO Mario Cordero said: “Retailers stocked up on inventory in January because we typically see a slowdown in import activity during the Lunar New Year celebrations. We are ready to increase sales and hope to increase sales as the We gradually regain market share and remain sustainable until 2024.FCL container
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