Friday, July 17, 2015

Monthly POLA Cargo Volumes Slip

By Mark Edward Nero

June 2015 containerized cargo volumes at the Port of Los Angeles decreased two percent compared to the same period last year. Los Angeles terminals handled a combined total of 721,802 TEUs last month, according to port data.

Imports decreased 3.65 percent, from 382,666 TEUs in June 2014 to 368,708 TEUs in June 2015. Additionally, exports declined 10.7 percent, from 160,823 TEUs in June 2014 to 143,549 TEUs in June 2015.

Combined, total loaded imports and exports dropped 5.75 percent, from 543,489 TEUs in June 2014 to 512,257 TEUs in June 2015. Factoring in empties, which increased 8.6 percent, the overall June 2015 volume of 721,802 TEUs was a decrease of 1.99 percent.

For the first six months of 2015, overall volumes (3.9 million TEUs) were down 3.67 percent compared to the same period in 2014.

For the current fiscal year, which began July 1, LA’s cargo volumes are down 0.23 percent, falling from 8.20 million TEUs last FY to 8.19 million TEUs during the same 11-month period this fiscal year.

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