Volume at The Port of Los Angeles in July established its fifth all-time high in seven months, as production helped boost the US economy, but added worry to the area's infrastructure, warehouse demand and rates.
It processed an estimated 935,345 Twenty-Foot Equivalent Units (TEUs) in July, outpacing the previous record set in 2019 by 2.5%.
Port of Los Angeles executive director Gene Seroka said during a news briefing on Wednesday, "Remarkably, we continue to move record amounts of cargo while working down the backlog of ships by almost 90%, a huge accomplishment by all of our partners.
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