Due to labour disruptions at U.S. East Coast ports
and a surge in retail orders ahead of the holiday season, the twin Ports of Los
Angeles and Long Beach have recorded their busiest quarters ever, achieving
all-time highs for September. In September, Long Beach saw its busiest month to
date, handling 829,499 TEU—just slightly above the previous record of 829,429
TEU set in the same month last year. August was even busier, with an
unprecedented total of over 910,000 TEU. Despite the high volume, officials
emphasize that the port still has plenty of capacity to meet the demand for
East Asian consumer goods. In September, loaded import containers—primarily
from transpacific trade lanes—accounted for more than half of Long Beach's
volume, while loaded exports made up just over 10 percent. Full import and
outbound empty containers contributed significantly to the port's performance
gains, rising 25 percent and 30 percent year-on-year, respectively, while
loaded exports decreased by 12 percent. Next door, the Port of Los Angeles
handled a record 954,706 TEU in September, marking a 27% increase from the
previous year and a total of 2,854,904 TEU for the last three months.
Year-to-date, the Port of Los Angeles has seen an 18% increase in volume
compared to the same period last year. Strong consumer confidence is a key
factor driving performance at the San Pedro Bay ports, and it remains robust in
the U.S. The National Retail Federation projects that winter holiday spending
could rise by up to 3.5% this year, nearing a trillion dollars, thanks to a
solid economy.

