Tuesday, September 15, 2015

POLA Monthly Cargo Volumes Up Nearly 4%

By Mark Edward Nero

Containerized cargo volumes at the Port of Los Angeles increased nearly four percent in August 2015 compared to the same period last year, according to newly released data from the port.

The POLA handled a total of 786,677 TEUs last month, compared to 757,702 in August 2014. It was the strongest August performance since 2006, when 790,726 TEUs moved through the port complex.

“The numbers are strong indicators that our terminal operators, longshore labor and supply chain partners are adjusting to the new industry dynamics of carrier alliances, deploying larger ships and delivering higher container volumes per call,” Port of Los Angeles Executive Director Gene Seroka explained.

Imports increased 6.3 percent during the month, rising from 383,551 TEUs in August 2014 to 407,804 TEUs in August 2015. However, exports declined 14 percent, from 168,248 TEUs in August 2014 to 143,936 TEUs in August 2015.

Factoring in empties, which increased 14 percent, overall the August 2015 volume of 786,677 represented an increase of 3.8 percent.

However, for the first eight months of 2015, the port’s overall volume of 5.3 million TEUs is down 2.5 percent compared to the same period in 2014. Fiscal year 2016 volumes are up just 0.7 percent from the same time period during the FY 2015, according to port data.

Current and historical data container counts for the Port of Los Angeles is available at http://www.portoflosangeles.org/maritime/stats.asp