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Tuesday, May 17, 2016

Monthly POLA Container Volumes Flat

By Mark Edward Nero

Despite a slight drop in monthly volume for April, overall cargo volume for the first four months of 2016 was up eight percent compared to 2015 at the Port of Los Angeles, according to data.

“We’re encouraged that shippers and supply chain decision makers continue to show confidence in the Port of Los Angeles,” POLA Executive Director Gene Seroka said in a statement. “While the pace of global trade and US retailer imports has eased recently, our work and progress on supply chain optimization has put the Port of Los Angeles on track to drive market opportunities.”

Total April 2016 volumes registered at 656,177 TEUs, a decrease of one percent compared to the same month in 2015. April loaded imports increased 4.7 percent to 343,574 TEUs and loaded exports fell one percent to 144,103 TEUs.

However, total loaded TEUs increased 2.9 percent to 487,677 TEUs. When factoring in a decrease of 10.9 percent in the movement of empty containers, overall April container volumes were 656,177 TEUs.

During the first quarter of calendar year 2016, the port moved 2.68 million TEUs, an eight percent jump over the 2.48 million units shipped during the same four-month period last year.

So far during the current fiscal year, which began July 1, LA has seen 6.9 million units, a 2.5 percent jump from the 6.77 million TEUs during the same 10 month period in FY 2015.

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