The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce back from the pandemic.
The Port of Los Angeles said it processed 799,315 Twenty-Foot Equivalent Units (TEUs) last month for a 47% jump compared to February 2020 when the world was just starting to feel the economic impact of COVID-19’s unrelenting spread.
Last month marked seven consecutive months of year-over-year increases and the strongest February on record for the Port of Los Angeles.
“One year ago global trade slowed to a crawl as the COVID-19 pandemic first hit China and then spread worldwide,” said Port of Los Angeles Executive Director Gene Seroka.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.