With just one month remaining until the end of fiscal year 2000/2001, the Port of Los Angeles has already recorded a 15.3 percent increase in container traffic over last year.
A May 2001 total of 400,011 TEUs brings the Port's 11-month throughput to just under 4.6 million TEUs.
Although the May 2001 total was a decrease of about 2 percent when compared to May last year, that May 2000 total represented a 22.5 percent increase in month-to-month comparisons over 1999 throughput. Port Executive Director Larry A. Keller explains, "The year 2000 was an incredible year. We saw unprecedented double digit increases each month. In fact, April 2000 to April 1999 comparisons showed an almost 44 percent increase. No one expected that pace to continue. We are showing consistent growth because of our customers and the increased efficiency they are using to put more and more cargo through L.A."