Tuesday, December 18, 2012

LA Container Traffic Dives in November

Overall container volumes at the Port of Los Angeles decreased 16 percent in November 2012 compared to the same month last year, according to recently released port data.

The decrease, the port says, 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 initial days of a labor dispute.

Port traffic was seriously curtailed in late November due to an eight-day strike by International Longshore and Warehouse Union clerks that began Nov. 27. During the strike, container movement came to a standstill at nearly all POLA terminals.

Total container imports at LA terminals decreased 18.6 percent last month, falling from 354,313 TEUs in November 2011 to 288,273 TEUs this November, according to the data.

Additionally, exports fell a whopping 25.8 percent, dropping from 195,877 TEUs in November 2011 to 145,344 TEUs in November 2012.

Combined, total loaded imports and exports for November fell 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 the November 2012 total volume of 582,981 TEUs was a 16 percent drop compared to November 2011’s 694,108 TEUs.

For the first 11 months of the calendar year however, overall container volumes have increased 2.7 percent to 7.48 million TEUs compared with the 7.29 million TEUs that were shipped by port terminals during the same period in 2011.

For the 2012-2013 fiscal year, which began July 1, traffic volumes are down a combined 1.26 percent from the same five months during the previous fiscal year, according to port data.