Port of Los Angeles Hits Record Volume For June

A new volume record was set in June, by the Port of Los Angeles. Owing primarily to the race to replenish stocks and building of inventories in the United States, for the Christmas, back-to-school and other such shopping seasons.

Port of Los Angles Sets New Record Voume For June.
The Port of Los Angeles | Image Via: ShutterStock

The Port of Los Angeles hit a total volume of approximately 876,430 TEU, in the month of June, 2021. This is an increase of 27%, as compared to the same period in 2020, mentioned the port authorities. Approximately half of the volume (467,763 TEU) transshipped, were loaded imports.

Around 312,600 TEU of empty containers were sent to factories in China and elsewhere by the port. This resulted in an outstripped loaded export volume of 96,067 TEU.

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The Port of Los Angeles is witnessing a boom of inbound cargo, for the past few months. As the businesses in the country are extensively replenishing their inventories, which are being depleted by the demands from home-bound consumers. Products like general appliances, home exercise equipment and other goods are selling like hot cakes in the U.S.

Trucks and trains are unable to cope up with the pandemic-fueled demand, and are having a hard time to ship goods away from the Port of Los Angeles, which happens to be the busiest gateway in terms of volume, for U.S. – China trade.

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This has been further escalated by the recent disruptions in the maritime industry. Be it the infamous grounding of Ever Given, which choked the global supply chain for days, or the more recent congestion in the Yantian Port, China, which sky-rocketed freight and container prices around the world.

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