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Port of Los Angeles


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Chair of the United States Council of Economic Advisers Bernstein addresses the state of the U.S. economy
Addressing U.S.-bound imports, Bernstein explained that a lot of what is coming in and what is going out are intermediate, meaning they are inputs into the overall production process, not finished goods.

May POLA and POLB volumes see declines while remaining on growth track into summer months
Total POLA volume, at 752,893 TEU (Twenty-Foot Equivalent Units), fell 3.37% annually, and the Port of Long Beach reported that total May volume, at 695,937 TEU, fell 8.2% annually.

POLA and POLB receive $112M for Upgrades
The funds will support various infrastructure projects, including seismic upgrades and channel improvements.

Ports of Los Angeles and Long Beach Receive $112M for Upgrades
California's Ports of Los Angeles and Long Beach are set to receive $112 million for essential construction upgrades and maintenance.

Port of Los Angeles and Port of Long Beach monthly volumes head up again
Total POLA volume, at 770,337 TEU (Twenty-Foot Equivalent Units), rose 12% annually, marking the ninth straight month of annual volume growth. The Port of Long Beach reported that total April volume, at 750,524 TEU, headed up 14.4% annually.  

Port of Los Angeles and Port of Long Beach report strong February volumes
Total POLA volume, at 781,434 TEU (Twenty-Foot Equivalent Units), saw a 60% annual gain, and POLB reported that total February volume, at 674,723 TEU, increased 24.1% annually.

Port of Los Angeles and Port of Long Beach report strong January volumes
POLA volume came in at 855,652 TEU (Twenty-Foot Equivalent Units), for an 18% annual increase, and POLB reported that January volume, at 674,015 TEU, increased 17.5% annually.

November POLA and POLB volumes continue to see growth
The Port of Los Angele reported that total November volume, at 763,262 TEU (Twenty-Foot Equivalent Units), posted a 19% annual gain, and the Port of Long Beach reported that total November volume, at 731,033 TEU, saw a 24.2% annual increase.

NRF’s Shay assesses holiday import and inventory trends heading into the holiday season
The story of the economy since the onset of the pandemic has been the resilience of consumers and how consumption has powered the economy. That was the word from Matthew Shay, president and CEO of the Washington, D.C.-based National Retail Federation (NRF) on a media conference call hosted by the Port of Los Angeles this week.

POLA and POLB see solid September volumes
The Port of Los Angeles reported that total September volume, at 748,440 TEU, was up 5% annually, marking its second consecutive month of annual growth. The Port of Long Beach reported that September marked its highest-volume September on record, with volume at 829,429 TEU, increasing 11.8% annually, and topping the previous September high in 2020 by 78,849 TEU.

Amid a muted Peak Season, POLA and POLB volumes are mixed in August
POLA reported that August volume was up 3% annually, coming in at 828,016 TEU (Twenty-Foot Equivalent Units). This marked the first growth month out of the last 13 months through August. The Port of Long Beach reported that total August volume, at 682,312 TEU, was off 15.4% annually.

Yellow’s Demise Underscores the Need for a New Labor Relations Narrative
The bankruptcy of trucking company Yellow has attracted considerable attention since the story broke early this month. But an aspect of the story that is under-reported is how the demise of a 99-year-old trucker and the loss of an estimated 30,000 jobs offers essential lessons about the transition to the workplace of the future.

POLA and POLB July volumes see annual declines
Total POLA volume, at 684,291 TEU (Twenty-Foot Equivalent Units), saw a 26.85% annual decline compared to the record-setting July 2022, at 935,423 TEU. The Port of Long Beach reported that total volume came in at 578,249 TEU, down 26.4% annually, compared to July 2022, which POLB said was its highest-volume July in its history.

Reducing Cost and Time for Importers Drayage, Transloading, and Final Mile Services
PITT OHIO’s transportation solution offers lowers costs and time for drayage, transloading and final mile deliveries.

June POLA and POLB volumes see annual declines against strong annual comparisons
Total POLA volume, at 833,045 TEU (Twenty-Foot Equivalent Units), was down 4.97% annually, but, despite the decline, this marked the highest-volume month going back to July 2022, which was an all-time record month for POLA. The Port of Long Beach reported that total volume came in at 597,076, down 28.5% compared to June 2022, its highest-volume June on record.


 


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