US shippers are diverting east coast cargo, already shifted from the Panama Canal to via Suez, to west coast ports, boosting southern California port volumes and raising box leasing prices through the roof.
![Gene Seroka Executive Director of the Port of LA]( "Gene Seroka Executive Director of the Port of LA")
The US West Coast gateway ports of Los Angeles and Long Beach saw a surge in container volumes in January 2023 as retailers restocked inventory ahead the Lunar New Year shutdown in China.
![Port of Los Angeles aeriel view]( "Port of Los Angeles aeriel view")
The Port of Los Angeles has seen a significant slowdown in volumes at the start of the year as the Transpacific container trade softens.
The Port of Los Angeles (LA) saw a 15% drop in container volumes handled in August as imports tumbled, while the Port of Long Beach fared better with just a 0.1% fall.
The Port of Los Angeles has been awarded a $20m federal grant to improve trucking access to the port complex.
The Port of Los Angeles saw estimated record container volumes in July continuing a trend that has been seen much of this year...
The Port of Los Angeles has completed the $65m Everport Container Terminal Improvement Project.
The Port of Los Angeles handled a record 10.7m teu in 2021 in a year that was characterised by congestion and ever-growing queues of ships.
The Ports of Los Angeles and Long Beach have postponed the introduction of a container dwell fee for the third week running.
CMA CGM is acquiring Fenix Marine Services (FMS) one of the largest container terminals in the Port of Los Angeles.
