Friday, October 19, 2018

Strong Month for Los Angeles

By Karen Robes Meeks

The Port of Los Angeles posted its strongest September in history, moving 801,264 TEUs. That’s a 4.9 percent jump from the same period last year, according to port statistics released this week.

The port also handled 6.6 percent more imports accounting for 414,281 TEUs and increased exports by 14.5 percent to 147,000 TEUs.

“Volumes remain strong with shippers importing holiday season inventories and manufacturers bringing supplies and materials in advance of additional cost impacts from tariffs,” said Port of Los Angeles Executive Director Gene Seroka. “Our robust numbers are a reflection of the confidence cargo owners have in our efficiency, regional warehousing options, and speed-to-market capabilities. As we enter the final quarter of 2018, we continue to partner with stakeholders on an array of projects to enhance our infrastructure and operations.”