Port of LA sees cargo surge in August as holidays approach
The Port of
Los Angeles on Tuesday, Sept. 14, reported that August saw its strongest
monthly cargo volumes of all time, echoing similarly encouraging stats the Long
Beach port released the week before.
The Port of
Los Angeles saw 961,833 twenty-foot equivalent units in August. (TEUs are a
universal standard for cargo measurement, though most containers today are 40
The 12% increase was driven by imports
The 12% increase was driven by imports, which eclipsed
500,000 for the first time. It was the first time since August 2019 the port
had a monthly cargo increase compared to the corresponding time in
the previous year.
volumes were the strongest monthly showing in the port’s nearly 100-year
history, they came amid an environment that has seen overall cargo, year to
date, decrease by 11.7% when compared to 2019.
news was welcome as all eyes turn toward the upcoming holiday season and how
the U.S. economy will fare after months of lockdowns, layoffs and restrained
The twin ports typically see their largest
cargo numbers from August
The twin ports
typically see their largest cargo numbers from August through October as
retailers prepare for holiday shoppers. This year, the surge in August
shipments also reflected the move to replenish store products that have
dwindled, with the pandemic keeping people at home and spending less than they
Folks are looking at more at-home activities
vice president of the National Retail Federation said consumer confidence and
an increase already in holiday sales are being seen.
going to look very different this year,” he said, “but consumers are still
finding ways to celebrate; folks are looking at more at-home activities.”
question going forward, Gold said, remains the pandemic.