The international shipping ports of Los Angeles and Long Beach are expected to handle nearly 20 million TEUs by 2024
The throughput of Long Beach Port reached a historic high in November, reaching 884154 TEUs, an increase of 20.9% compared to the same month last year and 12.8% higher than the record set in November 2020.
In November of this year, imports increased by 21.8% to 432823 TEUs, exports increased by 9.5% to 119083 TEUs, and empty containers passing through ports increased by 24.5% to 332250 TEUs.
Meanwhile, the Port of Los Angeles processed 884315 TEUs in November, a 16% increase from the previous year.
The import volume was 458165 TEUs, a year-on-year increase of 19%; The export volume was 124117 TEUs, a year-on-year increase of 11%; The empty container volume is 302033 TEUs, a year-on-year increase of 12%.
Both ports have experienced strong growth in throughput this year, with container throughput expected to reach nearly 20 million TEUs by 2024.
The throughput of Long Beach Port in the first 11 months of 2024 was 8.79 million, a year-on-year increase of 20.2%. The throughput of the Port of Los Angeles in the first 11 months of 2024 was 9.38 million TEUs, an increase of 19% over the previous year.
Gene Seroka, Executive Director of the Port of Los Angeles, said, "We are on track to surpass 10 million containers for the second time in our 117 year history
Long Beach Port is expected to have a throughput of 9.6 million TEUs for the entire year of 2024.
Mario Cordero, CEO of the Port of Long Beach, commented, "Strong consumer demand has driven imports, and retailers continue to ship goods here due to concerns over labor negotiations at ports along the eastern and Gulf coasts." "By the end of 2024, we will continue to handle the influx of goods smoothly and without interruption.