In February, the Port of Los Angeles saw a 60% year-over-year increase in cargo volume, marking the seventh consecutive month of growth.
The Port of Los Angeles recorded a 60% increase in cargo volume in February compared to the same period last year, marking the seventh consecutive month of year-over-year growth. Processing 781,434 TEUs, imports increased by 64% and exports rose by 61%. Positive job market and retail sales indicate a strong US economy, positioning the port well for the upcoming quarter and 2024.
March 18, 2024
7 Articles