The Port of Los Angeles became the top U.S. international freight gateway by shipment value in 2003, according to a soon to be released report from the U.S. Department of Transportation’s Bureau of Transportation Statistics. America’s Freight Transportation Gateways shows that Los Angeles’ water port handled $17 billion in export trade and $105 billion in imports, totaling $122 billion in business handled by the port. Los Angeles handled $10 billion more than the $112 billion in freight that moved through JFK International Airport, now the second-ranked international freight gateway in 2003. JFK held the number one position on the list of international freight gateways since 1999, but was overtaken by the Port of Los Angeles last year.