Ports of Los Angeles and Long Beach on track for record cargo volumes in 2024, driven by consumer spending and rerouting.

The Port of Los Angeles and the Port of Long Beach are both on track to set new cargo records in 2024, with each handling over 9 million Twenty-foot Equivalent Units (TEUs). The surge is due to strong consumer spending, rerouting of goods to avoid East Coast labor disputes, and a rush to import before potential tariffs. The Port of Los Angeles is expected to surpass 10 million TEUs for the second time in its history, marking a 19% increase from the previous year.

3 months ago
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