Competitive Threats

October 2019 PMSA West Coast Trade Report:

2017 shaped up to be a milestone year for San Pedro Bay. It was the first year since 2006 that the San Pedro Bay port complex set a new record throughput volume. In 2006, the ports of Long Beach and Los Angeles handled 15.7 million twenty-foot equivalent units (TEUs) of containers. 2018 followed with another record-breaking year with a total throughput of 17,549,771.5 TEUs.

With the opening of the expanded set of locks at Panama, the diversion of TEUs from West to East and Gulf Coast ports seems to be accelerating as shipping lines have been sending larger vessels through the canal faster than anticipated by most analysts. Consequently, the Port of NY/NJ became the second busiest container port in the nation during the month of May 2019, regaining its status since 1992.