Port of Los Angeles

“We anticipated a modest peak season as our cargo numbers continue to stabilize at pre-pandemic levels,” Port of Long Beach CEO Mario Cordero said during a Sept. 13 announcement of August 2023 volumes (POLB Photograph)

Intermodal Briefs: POLB, Port of LA, UIPA (Updated Sept. 15)

Overstocked warehouses and a consumer spending shift contributed to an August “cargo lull” at the Port of Long Beach (POLB), Calif. Also, August was a “solid month” for the Port of Los Angeles, with imports and exports increasing; and the Utah Inland Port Authority (UIPA) is establishing the Central Utah Agri-Park Project Area.

The Port of Los Angeles moved 833,035 TEUs (in June, calling it the “best performance” since last July and just 5% less than last year’s record. (Photograph Courtesy of Port of Los Angeles)

Intermodal Briefs: Port of LA, ITS Logistics, Port of Long Beach (UPDATED July 14)

The Port of Los Angeles, Calf., reports that June volume is its “strongest in a year.” Also, ITS Logistics forecasts that the labor strike at the ports of Vancouver and Prince Rupert will not only negatively impact Canada, but also will have a “severely negative impact” on the U.S. supply chain due to reconsigned freight; and the Port of Long Beach reports a slow June as industry volume stalls.

Aerial view of the San Pedro Bay Port Complex in California. (Photograph Courtesy of Port of Los Angeles)

Port of Los Angeles Adopts $2B FY23/24 Budget

The Los Angeles Board of Harbor Commissioners on June 7 approved a $2 billion Fiscal Year (FY) 2023/24 annual budget for the Port of Los Angeles, calling for “increased investment in Port operational and public-access infrastructure, as well as support for a range of industry leading sustainability and decarbonization initiatives.”