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Friday, July 15, 2016

POLA Monthly Cargo Drops 6 Percent

By Mark Edward Nero

Cargo volumes at the Port of Los Angeles fell 6.3 percent last month compared to a strong June in 2015, according to newly released data.

June’s loaded imports dropped 3.5 percent to 355,622 TEUs, while loaded exports fell 2.1 percent at 140,561 TEUs. Combined, total loaded volumes slipped 3.1 percent to 496,184 TEUs. Along with a decrease in empty containers of 14.2 percent, overall June volumes were 676,006 TEUs, a decrease of 6.3 percent compared to June 2015.

Despite the declines, however, overall cargo volumes at the POLA increased 5.9 percent for the first six months of 2016 compared to the first half of 2015. The decrease in June volumes notwithstanding, year-to-date volumes registered at 4,133,575 TEUs, compared to 3,903,521 TEUs in the same six-month period last year.

“We’re encouraged with year over year growth in the first half of 2016, even though June was not as robust as the same period in 2015 due to industry trade patterns,” Port of L.A. Executive Director Gene Seroka commented.

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