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

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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.