Friday, December 19, 2014

Monthly Volumes Down, Yearly Ones Up at POLA

By Mark Edward Nero

The Port of Los Angeles released its November 2014 containerized cargo volumes Dec. 17 and according to the data, overall volumes decreased three percent in November 2014 compared to November 2013.

Total cargo for November was 663,346 TEUs, compared to 683,849 during the same month last year. Container imports decreased 2.7 percent, falling from 342,247 TEUs in November 2013 to 333,153 TEUs in November 2014, according to the data.

Meanwhile, exports declined 16 percent, from 179,176 TEUs in November 2013 to 150,568 TEUs in November 2014. The port attributes the decline in US exports during 2014 to weaker demand abroad and a stronger US dollar, which makes American goods more expensive.

Combined, total loaded imports and exports fell 7.2 percent last month from 521,423 TEUs in November 2013 to 483,721 TEUs in November 2014. Factoring in empties, which increased 10.6 percent year over year, overall November 2014 volumes (663,346 TEUs) declined three percent compared to November 2013 (683,849 TEUs).

For the first 11 months of calendar year 2014, the overall volume of 7.68 million TEUs represented a 6.5 percent increase compared to the same period in 2013, 7.21 million TEUs.

For the fiscal year to date, the cargo terminals at LA’s port have seen a total of 3.62 million TEUs, a 3.5 percent increase from the 3.5 million units shipped during the previous fiscal year, which ended June 30.

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