Port of Los Angeles

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

Trade Slows at Ports of LA, Long Beach

The ports of Los Angeles and Long Beach experienced double-digit declines in TEUs (twenty-foot equivalent units) processed in February. Both California ports cited well-stocked retailers, reduced consumer spending, and the typical closure of east Asian factories during the Lunar New Year holiday, as reasons for the soft cargo volumes.

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

Intermodal Briefs: Port of LA, FourKites/RCS Logistics

The Port of Los Angeles starts 2023 with a 16% drop in TEUs (twenty-foot equivalent units), and expects a “soft” first quarter due to “extended Lunar New Year closures, well-stocked retailers and economic concerns.” Also, FourKites and RCS Logistics team to provide RCS customers with a “one-stop shop” for end-to-end visibility into their shipments across ocean, air, drayage, intermodal and over-the-road (OTR).

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

Intermodal Briefs: Ports of LA, Long Beach; SC Ports

The ports of Los Angeles and Long Beach in California report 2022 as their second-busiest year on record. Also, South Carolina Ports (SC Ports) announces a record 2022 with the most containers ever handled at the Port of Charleston. All provide their outlook for 2023.

(Photograph Courtesy of Port of Long Beach)
Commentary

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.

WTS-LA award winners Dina Aryan-Zahlan (left) and Tony Gioiello of the Port of Los Angeles.
  • News

People News: WTS-LA, TSA

The California High-Speed Rail Authority (CHSRA) and officials from the Port of Los Angeles were honored at the annual WTS-LA Scholarship and Awards dinner. Also, the Transportation Security Administration (TSA) has appointed 25 voting members to serve on the Surface Transportation Security Advisory Committee (STSAC).

The Port of Savannah grew container volumes by nearly 10% in the first quarter of FY2023.

Intermodal Briefs: Port of Savannah, SeaPort Manatee, ITS Logistics, Port of Los Angeles, NFI

The Port of Savannah handles 1.5 million twenty-foot equivalent units (TEUs) in the first quarter of Fiscal Year 2023. Also, SeaPort Manatee reports a 34.6% cargo increase for Fiscal Year 2022; ITS Logistics’ US Port/Rail Ramp Freight Index reports challenges in the Gulf Coast Region; Port of Los Angeles cargo pace cools in September; and NFI makes investment in Canadian intermodal business.

According to CalSTA, 70% of the Port and Freight Infrastructure Program funding will go to projects that support goods movement through the ports of Los Angeles and Long Beach.

California Supply Chain Receives $1.2 Billion in State Funding

The California State Transportation Agency (CalSTA) on Oct. 12 issued final guidelines and a call for projects for $1.2 billion in one-time state funding for port and infrastructure projects to “build a more efficient, sustainable and resilient goods movement system.”