Friday, November 16, 2012

Port of Los Angeles Container Volumes Flat in October

Overall cargo volumes at the Port of Los Angeles were up just 0.82 percent month-over-month compared to October 2011, according to newly-released data, mainly due to dips in the number of loaded containers imported and exported.

Imports were down 1.07 percent, from 368,842 20-foot equivalent containers in October 2011 to 364,881 TEUs this October. The decrease in exports was even steeper: the number fell by 7.10 percent, dropping from 193,547 TEUs in October 2011 to 179,810 TEUs last month.

Combined, total loaded imports and exports for October dropped by 3.15 percent, from 562,390 TEUs last October to 544,692 TEUs in the same month this year. What saved the month from being one of overall losses is the number of empty TEUs moved by terminal operators.

Port terminals moved 718,406 empty TEUs during the month, compared with 712,586 TEUs in October 2011, an increase of 15.6 percent.

For the first ten months of the calendar year, overall container volumes have increased 4.69 percent to 6.9 million TEUs, compared to 6.59 million TEUs moved during the same period in 2011. For the fiscal year, which began July 1, total volumes are up 2.3 percent, rising to 2.89 million TEUS from 2.82 million containers during the same four month period in 2011.

Current and past data container counts for the Port of Los Angeles may be found at: