Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of Los Angeles. In August, the Port processed 954,377 Twenty-Foot Equivalent Units (TEUs), just shy of last August’s record of 961,833 TEUs.
Eight months into the 2021 calendar year, overall cargo volume is 7,273,053 TEUs, an increase of 30% compared to 2020.
“Our Port Optimizer data indicates significant volume headed our way throughout this year and...