Cargo Surge Breaks First Quarter Records At POLA
SAN PEDRO — The Port of Los Angeles processed 957,599 twenty-foot equivalent units, TEUs, in March, a 113% leap compared to March 2020 when global trade slowed to a crawl at the outset of the COVID-19 pandemic. It was the strongest March in the port’s 114-year history, its busiest first quarter and by far the largest monthly yearover-year increase.
Year to date, overall cargo volume has increased 44% compared to 2020.
March 2021 loaded imports reached 490,115 TEUs, an increase of 123% compared to the previous year. Loaded exports edged up 1.5% to 122,899 TEUs. Empty containers, heavily in demand in Asia, surged 219% compared to March 2020 reaching 344,585 TEUs. A traffic jamb of ships anchored outside the twin ports is still waiting to unload.
Details: www.youtube.com/watch?/cargo-surgepola