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Imports, exports rise as Los Angeles Port shows first YoY gains in 13 months

Corridor to support transition to low- and zero-emission fuels by ships calling at Singapore and San Pedro Bay ports

Poor numbers confirm that U.S. importers continue to cut back on imports from Asia & run down inventories: Drewry

January 2023 imports declined 13% to 372,040 TEUs at Port of Los Angeles, down 32% to 263,394 TEUs at Port of Long Beach

Los Angeles port reports 7% decline in volume at 9.9mn TEUs, Long Beach volume down 3%

"Since the programme was announced on Oct 25, 2021, the two ports have seen a combined decline of 92% in ageing cargo."

Container movement down 7% year-to-date at Los Angeles compared to 2021, down marginally at Long Beach

Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

Port of Long Beach handled 789,716 TEUs in October 2021, down 2.1 percent from October 2020 but still the second-busiest October on record.