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
http://www.portoflosangeles.org/maritime/stats.asp
