Port of LA Volume Drops in October

 

The Port of Los Angeles handled a total of 704,588 Twenty-Foot Equivalent Units (TEUs) in October 2015. October volumes decreased 1.5 percent compared to the same period last year.
 
“This October’s volumes were slightly less than last October,” said Port of Los Angeles Executive Director Gene Seroka. “However, the past few months of volumes around and above the 700,000 TEU range show that our terminals, labor and supply chain partners are adjusting to the cargo surges and other fluctuations that come with the larger vessels that are now calling in L.A. – and that’s a good sign.”
  
Imports decreased 3.3 percent to 358,601 TEUs in October compared to the previous year. Exports dropped 14.7 percent to 134,963 TEUs in October. Factoring in empties, which increased 13.1 percent, overall October volumes of 704,588 decreased 1.5 percent compared to October 2014.
 
For the first 10 months of 2015, overall volumes (6,824,212 TEUs) are down 2.7 percent compared to the same period in 2014.
 
 Current and past data container counts for the Port of Los Angeles may be found at: http://www.portoflosangeles.org/maritime/stats.asp