Friday, June 15, 2018

Port of Los Angeles Volumes Drop

By Karen Robes Meeks

Cargo volumes dropped 3.4 percent last month when compared to the same period a year ago at the Port of Los Angeles.

The port handled 768,804 TEUs in May, which is lower than the record breaking 796,216 TEUs from 2017.

Meanwhile, the port moved 405,587 TEUs in imports, dipping 1.8 percent from a year ago, and 168,681 TEUs of exports, which also experienced a slight drop.

"Volumes have softened due to continued shuffling of alliance services in the San Pedro Bay,” said Port of Los Angeles Executive Director Gene Seroka. “The Port remains focused on digitizing our value chain. Our aim is to introduce the GE Port Optimizer this summer with the support of our liner and terminal partners."