Container Volumes Jump at Port of LA
Year-over-year Port of Los Angeles container volumes for March rise by 17 percent; second busiest month in port’s history
March containerized cargo volumes at the Port of Los Angeles increased 17.3 percent compared to the same period last year. The port handled a total of 791,863 Twenty-Foot Equivalent Units (TEUs), the second-highest month in the port’s history. The busiest single month was October 2006, when the port moved 800,063 TEUs.
For the first three months of 2015, overall volumes (1,823,854 TEUs) are down 5 percent compared to the same period in 2014.
”March container volumes were robust as our terminals worked aggressively to clear out the backlog of vessels,” said Port of Los Angeles Executive Director Gene Seroka. “The number of ships waiting at anchor has reduced significantly, labor levels are strong and our container terminals are extremely active. We continue to work on a series of initiatives to improve efficiencies throughout the supply chain. Next week, the Port of Los Angeles and the Port of Long Beach will co-host stakeholders to discuss additional solutions to further optimize the San Pedro Bay supply chain.”
Imports increased 31.5 percent, from 327,497 Twenty-Foot Equivalent Units (TEUs) in March 2014 to 430,898 TEUs in March 2015. Exports declined 22.5 percent, from 187,826 TEUs in March 2014 to 145,536 TEUs in March 2015. Combined, total loaded imports and exports increased 11.86 percent, from 515,323 TEUs in March 2014 to 576,434 TEUs in March 2015. Factoring in empties, which increased 34.7 percent, overall March 2015 volumes (791,863 TEUs) improved 17.3 percent.
