Tuesday, February 18, 2014

POLA Monthly Container Volumes Up Nearly 2.5 Percent

By Mark Edward Nero

The Port of Los Angeles has released its January 2014 cargo volumes and according to the data, overall volumes increased nearly 2.5 percent compared to January 2013, something the port attributes in part to shippers moving cargo in advance of the Chinese New Year, which fell on Jan. 31.

Container imports increased 6.7 percent, from 337,428 TEUs in January 2013 to 360,037 TEUs in January 2014. Additionally, exports increased 1.7 percent, from 159,257 TEUs in January 2013 to 161,938 TEUs in January 2014, according to the data.

Combined, total loaded imports and exports for January rose 5.1 percent, from 496,686 TEUs in January 2013 to 521,975 TEUs in January 2014. Factoring in empties, which decreased 5.1 percent year over year, overall January 2014 volume of 685,550 TEUs was a 2.47 percent increase over January 2013’s 669,000 TEUs.

For the fiscal year, which began July 1, volumes are up 2.25 percent compared with FY 2013. So far, LA terminal has moved 4.84 million TEUs during the first seven months of the current fiscal year, an increase of over 106,000 units from the 4.73 million TEUs moved during the same time last year.

Current and past data container counts for the Port of Los Angeles can be found at http://www.portoflosangeles.org/maritime/stats.asp.