Drop in Container Volumes in Port of LA Unsurprising

Press Release
Sunday, December 16, 2012

Port of Los Angeles container volumes drop 16 percent in November;  year-to-date traffic up 2.7% due to service shifts, strike.

The decrease was due in part to a vessel service shift from Los Angeles to the Port of Long Beach, and to cargo delays related to the first several days of the labor dispute.

Imports decreased 18.6 percent, from 354,313 Twenty-Foot Equivalent (TEU) containers in November  2011 to 288,273 TEUs this November. Exports decreased 25.8 percent, from 195,877 TEUs in November 2011 to 145,344 TEUs in November 2012.
 
Combined, total loaded imports and exports for November decreased 21.1 percent, from 550,190 TEUs last November to 433,617 TEUs in November 2012. Factoring in empties, which increased 3.78 percent year over year, overall November 2012 volumes (582,981) decreased 16 percent compared to November 2011 (694,108 TEUs).
 
For the first eleven months of 2012, overall container volumes have increased 2.7 percent (7,489,560 TEUs) compared to the same period in 2011 (7,291,042 TEUs).



 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Academy Cadet to Receive Fulbright Scholarship

Stephen Horvath, a first class cadet at the U.S. Coast Guard Academy, was recently granted a two-year Fulbright Scholarship to study renewable energy technologies

Ecochlor Presents BWTS Case Study at CMA

Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered

Golden Ocean and Knightsbridge Complete Merger

The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company,

Ports

Panama Canal Sets Sight on Another Expansion

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion

Long Beach, LA Collaborate to Improve Cargo Flow

Executives from the ports of Long Beach and Los Angeles held a kickoff meeting earlier this week to begin working together to focus on cargo conveyance strategies

Australian Reef Pilots Under New Ownership

Australian marine pilotage company Australian Reef Pilots (ARP) has been bought by a consortium of its employees.   ARP, which services shipping through the Great Barrier Reef,

Container Ships

Panama Canal Sets Sight on Another Expansion

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion

Long Beach, LA Collaborate to Improve Cargo Flow

Executives from the ports of Long Beach and Los Angeles held a kickoff meeting earlier this week to begin working together to focus on cargo conveyance strategies

Hapag-Lloyd CFO Ganz Steps Down

Hapag-Lloyd CFO Peter Ganz steps down from position; CSAV CFO Nicolas Burr appointed his successor   Peter Ganz will step down from his position as company CFO effective April 1,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3069 sec (3 req/sec)