Tuesday, August 18, 2015

POLA Container Volumes Down in July

By Mark Edward Nero

Containerized cargo volumes at the Port of Los Angeles decreased by more than two percent in July 2015 compared to the same period last year, according to newly released data.

The port handled a total of 699,127 TEUs last month, compared with more than 717,400 during the same month in 2014.

Imports decreased 3.5 percent, from 363,393 TEUs in July 2014 to 350,627 TEUs in July 2015. Additionally, exports declined 16.4 percent, from 163,294 TEUs in July 2014 to 136,402 TEUs in July 2015.

Combined, total loaded imports and exports decreased 7.5 percent, from 526,688 TEUs in July 2014 to 487,029 TEUs in July 2015. Factoring in empties, which increased 11.2 percent, the overall July 2015 volume of 699,127 TEUs was a 2.5 percent drop from July 2014.

July was the first month in the Port of Los Angeles’ fiscal year, which runs from July 1 to June 30.

For the first seven months of calendar year 2015, the overall container volume of 4.60 million TEUs was a drop of 3.5 percent compared to the same period in 2014, when port terminals handled 4.76 million containers.

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