Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Port of Los Angeles expected to hit 10.8m teu annual volume

Photo: Port of Los Angeles 210610 10 Million TEUs_DH_0018.jpg
The Port of Los Angeles became the first port in the US on 10 June to reach 10m teu unloading the Malta-flagged 13,344-teu-box ship CMA CGM Amerigo Vespucci.

When the port closes its fiscal year 2020-2021 on 30 June, it is expected to have handled more than 10.8m teu, said port officials.

CMA CGM Group is the Port of Los Angeles largest shipping line customer.  Ed Aldridge, president of CMA CGM and APL North America, noted that "this shows that as the pandemic subsides in the US, the US economy is coming back to life." 

The Port of Los Angeles has ranked as the number one container port in the United States each year since 2000. The milestone of 10m teu sets Los Angeles in the top 15 busiest container ports in the world, far from those in China. Rotterdam reported 14.5 m teu in 2020.

The 2021 fiscal year forecast of 10.8m teu means a 17% increase over the 9.2m teu of 2020 and 14% growth over the port’s highest container volume in history of 9.5m teu in 2018.

Port officials say that the increase in volume is being driven by a pandemic-induced consumer buying surge that began last summer, along with the restocking of retailer shelves and e-commerce warehouses across the country. However, congestion in Asian ports may disrupt volumes in the coming months.  

“With our sustained focus on supply chain digitalisation, infrastructure investments, and strong business relationships, we have the opportunity to build on this historic milestone,” said Port Executive Director Gene Seroka.




Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

Latest Report:

Category-Promo-ST1088TMSR Web Banners-05.png

Panama has some $6bn in investment opportunities around infrastructure, logistics and energy and is streamlining its processes to facilitate trade.

Read for free now.