Friday, August 17, 2012

Port of Los Angeles Container Traffic Rises in July

Overall cargo volumes at the Port of Los Angeles were up 5.53 percent last month compared with the same month 2011, according to new data, signaling a good start to the port’s new fiscal year.

Imports increased by 3.97 percent month-over-month at Los Angeles, going from 357,667 TEUs in July 2011 to 371,859 TEUs this July, according to the port’s newly-released data. It was the highest number of inbound loaded TEUs moved during any individual month so far in 2012 at the port.

Exports on the other hand, increased by just .27 percent, rising from 165,135 TEUs in July 2011 to 165,581 TEUs last month.

Combined, the number of total loaded imports and exports for July was up 2.8 percent, from 522,802 TEUs last July to 537,440 TEUs in July 2012. Factoring in empties, which increased 14.1 percent year over year, the overall July 2012 volume of 726,375 TEUs represented a 5.53 percent jump compared to July 2011’s 688,325 TEUs.

For the first seven months of calendar 2012, overall container volumes have increased 6.3 percent, to 4,736,579 TEUs, compared to the same period in 2011, when the port moved 4,455,552 TEUs.
July marked the first month in the Los Angeles port’s new fiscal year, which runs through the end of June 2013.