Friday, January 18, 2019

Port of Los Angeles Breaks Cargo Record

By Karen Robes Meeks

The Port of Los Angeles announced Wednesday that it broke its cargo volume record last year after handling more than 9.4 million TEUs.

The nation’s busiest seaport moved 9,458,749 TEUs, beating by 1.2 percent its 2017 numbers, which held the record for most cargo moved in port history.

Last month’s figures helped put Los Angeles’ number over the top. the port handled 903,258 TEUs, a 15.9 percent increase from the same period last year, making it the busiest December ever for the port.

It also builds upon six straight months of 800,000-plus TEUs of cargo movement.

“Los Angeles is open for business and engaged with the world — and now, we have another record year at the Port of Los Angeles to show for it,” said Los Angeles Mayor Eric Garcetti. “Our port helps make LA a global hub for commerce, and it continues to drive our economy forward by creating jobs and expanding opportunity across the City.”

Last year was “marked by a robust economy coupled with tariff-induced surges of cargo headed to US retail and manufacturing sectors,” said Port Executive Director Gene Seroka.

“These extraordinary volumes highlight the need for continued stakeholder collaboration on methods to maximize supply chain efficiency,” Seroka said. “Through a number of initiatives, we are focused on both physical and digital infrastructure enhancements that continue to ensure the reliable, safe and efficient conveyance of cargo through our gateway.”