May 2015 containerized cargo volumes at the Port of Los Angeles were under one percent compared to the same period last year. According to newly released data, the port handled more than 694,000 TEUs during the month, compared to about 689,000 in May 2014.
The port’s overall May 2015 volumes of 694,791 TEUs represented an increase of 0.8 percent. The only substantive year-over-year gains were in the movement of empty containers, which increased 7.9 percent.
Imports decreased 0.8 percent, from 351,403 TEUs in May 2014 to 348,427 TEUs in May 2015. Exports declined 3.5 percent, from 158,473 TEUs in May 2014 to 152,917 TEUs last month.
Combined, total loaded imports and exports decreased 1.7 percent, from 509,876 TEUs in May 2014 to 501,344 TEUs in May 2015.
For the first five months of 2015, the POLA’s overall volumes – 3.18 million TEUs -- are down are percent compared to the same period in 2014, where 3.31 million containers were moved.
For the current fiscal year, which began in July, container movement is down a minor 0.05 percent compared to the same 11 months during FY 2014.
Current and historical data container counts for the Port of Los Angeles may be found at http://www.portoflosangeles.org/maritime/stats.asp.
