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."
Showing posts with label cargo volumes. Show all posts
Showing posts with label cargo volumes. Show all posts
Friday, June 15, 2018
Tuesday, April 17, 2018
LA Volumes Drop for March
By Karen Robes Meeks
After months of rising cargo numbers at the Port of Los Angeles, volumes last month dropped 27 percent from the same period last year.
The port handled 577,865 TEUs in overall cargo, 264,460 of those were imports, which fell 29.2 percent from March 2017. Exports also dropped 14.6 percent to 163,706 TEUs and empty containers (which are shipped overseas to be replenished with goods) dove 33 percent to 149,699 TEUs.
Port of Los Angeles Executive Director Gene Seroka said the dip was expected following a record February when shippers rushed to move product before the Lunar New Year, when much of Asia slows business for about two weeks to celebrate the holiday.
“We’re comparing our numbers to an extraordinary 29 percent volume gain last March so a decline is not unexpected,” he said. “Lunar New Year timing and subsequent canceled or reduced sailings played a factor. We continue to focus on our efforts to make facility and technology enhancements that position us for long-term efficiency and productivity gains.”
After months of rising cargo numbers at the Port of Los Angeles, volumes last month dropped 27 percent from the same period last year.
The port handled 577,865 TEUs in overall cargo, 264,460 of those were imports, which fell 29.2 percent from March 2017. Exports also dropped 14.6 percent to 163,706 TEUs and empty containers (which are shipped overseas to be replenished with goods) dove 33 percent to 149,699 TEUs.
Port of Los Angeles Executive Director Gene Seroka said the dip was expected following a record February when shippers rushed to move product before the Lunar New Year, when much of Asia slows business for about two weeks to celebrate the holiday.
“We’re comparing our numbers to an extraordinary 29 percent volume gain last March so a decline is not unexpected,” he said. “Lunar New Year timing and subsequent canceled or reduced sailings played a factor. We continue to focus on our efforts to make facility and technology enhancements that position us for long-term efficiency and productivity gains.”
Tuesday, January 16, 2018
Another Cargo Record at Los Angeles
By Karen Robes Meeks
The Port of Los Angeles posted record-shattering cargo numbers, moving more than 9.3 million TEUs in 2017, the most annual cargo handled by a port in the Western Hemisphere, Los Angeles port officials announced on January 12.
The nation’s busiest seaport moved 9,343,192 TEUs, 5.5 percent more than in 2016, which was also a record-breaking year for Los Angeles.
“2017 was a year beyond expectations but it was not by chance,” said Port of Los Angeles Executive Director Gene Seroka. “Our growth is a direct result of a concerted, multi-year effort by the port and its many partners to maximize efficiency throughout the supply chain. All the collaborative work by a broad range of global maritime stakeholders has delivered these remarkable results.”
The record-breaking year occurred despite a tepid December for cargo volumes. Imports dipped 2.2 percent to 385,492 TEUs and exports fell 7.3 percent to 152,865 TEUs when compared to December 2016. The port moved 779,210 TEUs in overall cargo last month, a 2.2 percent drop year over year.
But the port experienced tremendous growth in the months leading up to the end of 2017, which brought high-tech efficiency to Los Angeles in the form of a new Port Optimizer digital information portal. The portal, created in partnership with GE Transportation, gathers and organizes shipping information in a way that helps those in the supply chain better prepare for cargo arrivals.
The Port of Los Angeles posted record-shattering cargo numbers, moving more than 9.3 million TEUs in 2017, the most annual cargo handled by a port in the Western Hemisphere, Los Angeles port officials announced on January 12.
The nation’s busiest seaport moved 9,343,192 TEUs, 5.5 percent more than in 2016, which was also a record-breaking year for Los Angeles.
“2017 was a year beyond expectations but it was not by chance,” said Port of Los Angeles Executive Director Gene Seroka. “Our growth is a direct result of a concerted, multi-year effort by the port and its many partners to maximize efficiency throughout the supply chain. All the collaborative work by a broad range of global maritime stakeholders has delivered these remarkable results.”
The record-breaking year occurred despite a tepid December for cargo volumes. Imports dipped 2.2 percent to 385,492 TEUs and exports fell 7.3 percent to 152,865 TEUs when compared to December 2016. The port moved 779,210 TEUs in overall cargo last month, a 2.2 percent drop year over year.
But the port experienced tremendous growth in the months leading up to the end of 2017, which brought high-tech efficiency to Los Angeles in the form of a new Port Optimizer digital information portal. The portal, created in partnership with GE Transportation, gathers and organizes shipping information in a way that helps those in the supply chain better prepare for cargo arrivals.
Friday, November 17, 2017
Volumes Down at Los Angeles
By Karen Robes Meeks
Despite last month being the Port of Los Angeles’ third best October, the nation’s busiest seaport saw its numbers fall 8.1 percent to 748,762 TEUs compared to the same period a year ago, according to the numbers released this week.
The port moved 383,385 imported TEUs, an 8.1 percent decrease from October 2016, and 144,209 exported TEUs, a 13.3 percent drop year over year.
The decrease is not wholly unexpected, given last year’s record-shattering October when the Los Angeles took on more cargo following the 2016 collapse of Hanjin.
Despite the drop, port officials highlighted its strong cargo volumes in 2017. With volumes up 6.4 percent to 7.6 million TEUs from 2016, the port is projected to move 9 million TEUs in one year, a milestone among ports in the Western Hemisphere.
Despite last month being the Port of Los Angeles’ third best October, the nation’s busiest seaport saw its numbers fall 8.1 percent to 748,762 TEUs compared to the same period a year ago, according to the numbers released this week.
The port moved 383,385 imported TEUs, an 8.1 percent decrease from October 2016, and 144,209 exported TEUs, a 13.3 percent drop year over year.
The decrease is not wholly unexpected, given last year’s record-shattering October when the Los Angeles took on more cargo following the 2016 collapse of Hanjin.
Despite the drop, port officials highlighted its strong cargo volumes in 2017. With volumes up 6.4 percent to 7.6 million TEUs from 2016, the port is projected to move 9 million TEUs in one year, a milestone among ports in the Western Hemisphere.
Tuesday, October 17, 2017
Volumes Up at Los Angeles
By Karen Robes Meeks
The Port of Los Angeles processed 763,785 TEUs last month, making it third-largest September for cargo volumes.
Trade policy changes affecting waste paper exports to China resulted in the 15.45 percent jump in empty containers in Los Angeles, pushing up last month’s overall volumes, according to the port.
Loaded imports dipped .07 percent to 388,670 TEUs year over year, and loaded exports were down 3.17 percent to 517,116 TEUs. With empty containers factored, the port saw a 2.15 percent increase in overall volumes year over year.
The Los Angeles seaport last month also received a record 88 vessel visits with an average TEU count of 8,679 per vessel, a 22 percent jump from the TEU-per-vessel average of September 2016.
“As we enter the final quarter of 2017, we’re pleased to be tracking toward record volumes for a Western Hemisphere port,” said Port of Los Angeles Director Gene Seroka. “We continue to demonstrate the LA Advantage to cargo owners, with a strong focus on meeting big-ship needs, developing world-class infrastructure, and delivering extraordinary customer service through innovation and efficiency.”
The Port of Los Angeles processed 763,785 TEUs last month, making it third-largest September for cargo volumes.
Trade policy changes affecting waste paper exports to China resulted in the 15.45 percent jump in empty containers in Los Angeles, pushing up last month’s overall volumes, according to the port.
Loaded imports dipped .07 percent to 388,670 TEUs year over year, and loaded exports were down 3.17 percent to 517,116 TEUs. With empty containers factored, the port saw a 2.15 percent increase in overall volumes year over year.
The Los Angeles seaport last month also received a record 88 vessel visits with an average TEU count of 8,679 per vessel, a 22 percent jump from the TEU-per-vessel average of September 2016.
“As we enter the final quarter of 2017, we’re pleased to be tracking toward record volumes for a Western Hemisphere port,” said Port of Los Angeles Director Gene Seroka. “We continue to demonstrate the LA Advantage to cargo owners, with a strong focus on meeting big-ship needs, developing world-class infrastructure, and delivering extraordinary customer service through innovation and efficiency.”
Thursday, August 31, 2017
Oakland Predicts Record Volumes
By Karen Robes Meeks
Port of Oakland leaders predict a five-year run of record cargo volume starting next year.
The Northern California facility anticipates moving 2.6 million TEUs annually by 2022, eight percent more than the port has ever processed in a single year, according to the Strategic Maritime Roadmap released by the port in early August.
It also forecasts a record volume of more than 2.4 million cargo containers in 2018.
The Roadmap predicts that the growth will come from more cargo arriving to the port in larger ships as well as Oakland’s burgeoning freight market with its new logistics capabilities, such as distribution centers and freight transfer facilities. The port foresees ships calling to Oakland would be 35 percent larger within 15 years and bring up to 18,000 containers.
“We’re serving a thriving area and developing new services for our customers,” said Oakland’s Maritime Director John Driscoll. “The combination should be positive for everyone who relies on the Port for their business or their job.”
The roadmap also details a commercial strategy that calls for bolstering its US Midwest meat and grain exports, attracting more auto imports; drawing containerized cargo to a new refrigerated distribution center and its Seaport Logistics Complex; and pushing for 15 percent more import cargo that comes to the port and is loaded on rails for inland distribution.
Port of Oakland leaders predict a five-year run of record cargo volume starting next year.
The Northern California facility anticipates moving 2.6 million TEUs annually by 2022, eight percent more than the port has ever processed in a single year, according to the Strategic Maritime Roadmap released by the port in early August.
It also forecasts a record volume of more than 2.4 million cargo containers in 2018.
The Roadmap predicts that the growth will come from more cargo arriving to the port in larger ships as well as Oakland’s burgeoning freight market with its new logistics capabilities, such as distribution centers and freight transfer facilities. The port foresees ships calling to Oakland would be 35 percent larger within 15 years and bring up to 18,000 containers.
“We’re serving a thriving area and developing new services for our customers,” said Oakland’s Maritime Director John Driscoll. “The combination should be positive for everyone who relies on the Port for their business or their job.”
The roadmap also details a commercial strategy that calls for bolstering its US Midwest meat and grain exports, attracting more auto imports; drawing containerized cargo to a new refrigerated distribution center and its Seaport Logistics Complex; and pushing for 15 percent more import cargo that comes to the port and is loaded on rails for inland distribution.
Friday, June 16, 2017
Busy Box Month for Los Angeles
By Karen Robes Meeks
The Port of Los Angeles reported the busiest May in its 110-year history, moving 796,216 TEUs last month, according to latest numbers released by the port Tuesday, June 13, 2017.
That’s 3.4 percent more than in May 2016, which had also been a record month.
The port handled 413,021 TEUs in imports last month, a 3.1 percent increase from the same time last year, and 169,639 TEUs in exports, a 4.4 percent jump from May 2016.
In the first five months of 2017, total cargo volumes are 3.75 million TEUs, an 8.5 percent spike when compared to the same period in 2016.
“We continue to see balanced year-over-year growth both on the import and export side of our operations,” said Gene Seroka, Executive Director of the Port of Los Angeles. “With nearly one million jobs — one in nine jobs in the region — tied to San Pedro Bay port complex operations, we continue to focus on supply chain efficiency, optimization and sustainability.”
The Port of Los Angeles reported the busiest May in its 110-year history, moving 796,216 TEUs last month, according to latest numbers released by the port Tuesday, June 13, 2017.
That’s 3.4 percent more than in May 2016, which had also been a record month.
The port handled 413,021 TEUs in imports last month, a 3.1 percent increase from the same time last year, and 169,639 TEUs in exports, a 4.4 percent jump from May 2016.
In the first five months of 2017, total cargo volumes are 3.75 million TEUs, an 8.5 percent spike when compared to the same period in 2016.
“We continue to see balanced year-over-year growth both on the import and export side of our operations,” said Gene Seroka, Executive Director of the Port of Los Angeles. “With nearly one million jobs — one in nine jobs in the region — tied to San Pedro Bay port complex operations, we continue to focus on supply chain efficiency, optimization and sustainability.”
Tuesday, May 23, 2017
Seattle-Tacoma YTD Cargo Volumes Up Eight Percent
By Mark Edward Nero
Total container volumes at the Seattle and Tacoma seaports were steady for the month of April, according to the Northwest Seaport Alliance, as new ocean carrier alliance deployments took effect, thereby resulting in 0.5 percent growth over the same month last year, while year-to-date volumes were up eight percent.
April international container volumes performed well, with 110,821 TEUs shipped, full imports grew six percent compared to April 2016. The ports cites retailers continuing to rebuild inventory levels and a favorable market outlook fueling import demand as causes for the increase.
Additionally, full exports were up one percent to 77,558 TEUs, according to data. Empty exports grew 81.5 percent as ocean carriers began repositioning empties to Asia in preparation for peak season. Total international TEU volumes, including empties, jumped eight percent compared to last April.
Last month’s full imports brought year-to-date volumes to 462,427 TEUs, up 11 percent. Full exports grew five percent to 324,743 TEUs, while total international containers, including empties, increased 12 percent year to date.
However, total domestic volumes last month were down 21 percent compared to April 2016. Also last month, breakbulk cargo was down 10 percent, to 55,119 metric tons year to date, due to soft market conditions; and autos, at 53,925 units year to date, slipped 13 percent compared to the same time last year, a reflection, the port said, of weakening US demand and shifting manufacturing locations.
Additionally, log volumes were up 165.3 percent, to 94,547 metric tons, over the same time last year, something driven by consistent demand from China according to the Seaport Alliance.
Total container volumes at the Seattle and Tacoma seaports were steady for the month of April, according to the Northwest Seaport Alliance, as new ocean carrier alliance deployments took effect, thereby resulting in 0.5 percent growth over the same month last year, while year-to-date volumes were up eight percent.
April international container volumes performed well, with 110,821 TEUs shipped, full imports grew six percent compared to April 2016. The ports cites retailers continuing to rebuild inventory levels and a favorable market outlook fueling import demand as causes for the increase.
Additionally, full exports were up one percent to 77,558 TEUs, according to data. Empty exports grew 81.5 percent as ocean carriers began repositioning empties to Asia in preparation for peak season. Total international TEU volumes, including empties, jumped eight percent compared to last April.
Last month’s full imports brought year-to-date volumes to 462,427 TEUs, up 11 percent. Full exports grew five percent to 324,743 TEUs, while total international containers, including empties, increased 12 percent year to date.
However, total domestic volumes last month were down 21 percent compared to April 2016. Also last month, breakbulk cargo was down 10 percent, to 55,119 metric tons year to date, due to soft market conditions; and autos, at 53,925 units year to date, slipped 13 percent compared to the same time last year, a reflection, the port said, of weakening US demand and shifting manufacturing locations.
Additionally, log volumes were up 165.3 percent, to 94,547 metric tons, over the same time last year, something driven by consistent demand from China according to the Seaport Alliance.
Tuesday, May 16, 2017
Port of Oakland Seeing More Cargo, But Fewer Ships
By Mark Edward Nero
A shipping industry trend toward bigger, more efficient container vessels is paying off at the Port of Oakland.
The port’s 2017 container volume through April was up 2.8 percent over last year, while at the same time, the number of vessels arriving was down 5.6 percent, according to data released by the port on May 12. Numbers also show 539 ships visiting Oakland in the first four months of 2017, compared to 571 calls during the same period in 2016.
The upshot is that fewer but larger ships are carrying more cargo to Oakland, easing dock crowding while reducing vessel emissions.
“Shipping lines have moved to larger vessels to consolidate cargo and cut costs,” Port of Oakland Maritime Director John Driscoll explained. “We’re the beneficiaries because we can handle volume growth efficiently and sustainably.”
The reduction not only meant fewer diesel emissions from ships heading in or out of port, but also less demand for berthing space, which is a hot commodity in Oakland.
The average-size vessel visiting Oakland now has the capacity to carry more than 8,000 20-foot containers, up from 5,000 TEUs three years ago. Ships with capacity for 14,000 containers – the largest in North America – call Oakland weekly, according to the port.
Containerized import volume in Oakland increased 3.5 percent from January through April, while export volume was up three percent, according to port data.
A shipping industry trend toward bigger, more efficient container vessels is paying off at the Port of Oakland.
The port’s 2017 container volume through April was up 2.8 percent over last year, while at the same time, the number of vessels arriving was down 5.6 percent, according to data released by the port on May 12. Numbers also show 539 ships visiting Oakland in the first four months of 2017, compared to 571 calls during the same period in 2016.
The upshot is that fewer but larger ships are carrying more cargo to Oakland, easing dock crowding while reducing vessel emissions.
“Shipping lines have moved to larger vessels to consolidate cargo and cut costs,” Port of Oakland Maritime Director John Driscoll explained. “We’re the beneficiaries because we can handle volume growth efficiently and sustainably.”
The reduction not only meant fewer diesel emissions from ships heading in or out of port, but also less demand for berthing space, which is a hot commodity in Oakland.
The average-size vessel visiting Oakland now has the capacity to carry more than 8,000 20-foot containers, up from 5,000 TEUs three years ago. Ships with capacity for 14,000 containers – the largest in North America – call Oakland weekly, according to the port.
Containerized import volume in Oakland increased 3.5 percent from January through April, while export volume was up three percent, according to port data.
Friday, May 12, 2017
POLA April Cargo Volumes Set Record
By Mark Edward Nero
April cargo volumes surged 8.9 percent at the Port of Los Angeles compared to the same month last year, according to data released by the port May 11, making it the best April in the port’s 110-year history. With 714,755 TEUs, it eclipsed the April 2012 record of 707,182 TEUs.
For the first four months of 2017, cargo has increased 10 percent compared to 2016, which was a record-breaking year for the port.
“April was the first month of new vessel alliance deployments around the globe, and we are pleased that the Port of Los Angeles provided world-class service and efficiency at our terminals,” POLA Executive Director Gene Seroka said in a statement. “We continue to seek new ways to improve operations,” he added.
According to the numbers published by POLA, April 2017 imports increased 8.3 percent to 372,040 TEUs compared to the previous year, while exports jumped 9.4 percent to 157,661 TEUs. The total loaded volumes of 529,702 TEUs represented an increase of 8.6 percent compared to the previous year, while empty containers grew 9.8 percent to 185,052 TEUs.
The port’s most recent five-year average of April container volumes is 674,540 TEUs, and this year’s volumes represent a six percent increase over the five-year average.
Current and historical data is available on the port’s website at https://www.portoflosangeles.org/maritime/stats.asp.
April cargo volumes surged 8.9 percent at the Port of Los Angeles compared to the same month last year, according to data released by the port May 11, making it the best April in the port’s 110-year history. With 714,755 TEUs, it eclipsed the April 2012 record of 707,182 TEUs.
For the first four months of 2017, cargo has increased 10 percent compared to 2016, which was a record-breaking year for the port.
“April was the first month of new vessel alliance deployments around the globe, and we are pleased that the Port of Los Angeles provided world-class service and efficiency at our terminals,” POLA Executive Director Gene Seroka said in a statement. “We continue to seek new ways to improve operations,” he added.
According to the numbers published by POLA, April 2017 imports increased 8.3 percent to 372,040 TEUs compared to the previous year, while exports jumped 9.4 percent to 157,661 TEUs. The total loaded volumes of 529,702 TEUs represented an increase of 8.6 percent compared to the previous year, while empty containers grew 9.8 percent to 185,052 TEUs.
The port’s most recent five-year average of April container volumes is 674,540 TEUs, and this year’s volumes represent a six percent increase over the five-year average.
Current and historical data is available on the port’s website at https://www.portoflosangeles.org/maritime/stats.asp.
Friday, April 14, 2017
Port of LB Sees Rise in Monthly, Quarterly Container Volumes
By Mark Edward Nero
The Port of Long Beach saw a nearly nine percent rise in total containers moving through its terminals last month compared to March 2016, port data show, despite a five percent drop in loaded outbound containers.
The monthly increase was mainly due to containers arriving in Long Beach with goods bound for US consumers having spiked 20.2 percent. The jump helped pushed the port to its best first quarter since 2007. Dockworkers offloaded 249,534 loaded inbound twenty-foot equivalent units from vessels in March, according to port data.
But the port’s loaded outbound shipments to overseas markets continue to face challenges due to the strong dollar, as exports decreased 5.3 percent to 120,435 TEUs.
Empties numbered 135,413 containers, up 4.2 percent. In total, the Port of Long Beach moved 505,382 TEUs last month – an 8.7 percent increase.
Long Beach had a modest boost in cargo during the first quarter of the year, with overall throughput increasing just 1.5 percent compared to the same period a year ago. Data shows that all segments of containerized cargo grew year-over-year in the opening quarter of 2017, with imports climbing 2.1 percent, exports 0.4 percent and empties 1.5 percent.
“We’re happy to see these gains during the traditionally slow period of the year,” Long Beach Harbor Commission President Lori Ann Guzmán said in a statement. “We see a lot of upside for the remainder of 2017.”
Port of Long Beach Interim Chief Executive Duane Kenagy said that the port’s rise in imports shows that consumers are feeling optimistic.
“Since their spending drives more than two-thirds of the economy, this is a great indicator for the jobs that depend on our port as we head into the busiest trading months of the year,” he said.
The port’s latest monthly cargo numbers are available at http://www.polb.com/economics/stats/latest_teus.asp, while more detailed cargo numbers can be found at www.polb.com/stats.
The Port of Long Beach saw a nearly nine percent rise in total containers moving through its terminals last month compared to March 2016, port data show, despite a five percent drop in loaded outbound containers.
The monthly increase was mainly due to containers arriving in Long Beach with goods bound for US consumers having spiked 20.2 percent. The jump helped pushed the port to its best first quarter since 2007. Dockworkers offloaded 249,534 loaded inbound twenty-foot equivalent units from vessels in March, according to port data.
But the port’s loaded outbound shipments to overseas markets continue to face challenges due to the strong dollar, as exports decreased 5.3 percent to 120,435 TEUs.
Empties numbered 135,413 containers, up 4.2 percent. In total, the Port of Long Beach moved 505,382 TEUs last month – an 8.7 percent increase.
Long Beach had a modest boost in cargo during the first quarter of the year, with overall throughput increasing just 1.5 percent compared to the same period a year ago. Data shows that all segments of containerized cargo grew year-over-year in the opening quarter of 2017, with imports climbing 2.1 percent, exports 0.4 percent and empties 1.5 percent.
“We’re happy to see these gains during the traditionally slow period of the year,” Long Beach Harbor Commission President Lori Ann Guzmán said in a statement. “We see a lot of upside for the remainder of 2017.”
Port of Long Beach Interim Chief Executive Duane Kenagy said that the port’s rise in imports shows that consumers are feeling optimistic.
“Since their spending drives more than two-thirds of the economy, this is a great indicator for the jobs that depend on our port as we head into the busiest trading months of the year,” he said.
The port’s latest monthly cargo numbers are available at http://www.polb.com/economics/stats/latest_teus.asp, while more detailed cargo numbers can be found at www.polb.com/stats.
Friday, March 17, 2017
POLA Monthly Cargo Volumes
See a Double Digit Drop
By Mark Edward Nero
Port of Los Angeles cargo traffic decreased by double digits in February 2017, a mere month after the port saw record container volumes, according to newly released data.
The timing of Lunar New Year observances in late January and early February played a role in the decline, as it resulted in a significant amount of cargo being shipped in January rather than the following month.
February container volumes of 625,381 twenty-foot equivalent units (TEUs) decreased 12.4 percent compared to the record February 2016 volumes of 713,721 TEUs, which were 42 percent higher than 2015. Compared to the port’s most recent five-year average of February container volumes, February 2017 volumes were up 7.2 percent, data show.
“While volumes eased compared to the record cargo we saw last February, I’m pleased that we’ve seen year-over-year growth to start 2017,” Port of LA Executive Director Gene Seroka said in a statement.
For the first two months of 2017 combined, Port of LA volumes increased 2.3 percent compared to the same period last year.
Cargo imports in February 2017 dropped 19.8 percent to 298,974 TEUs compared to the previous year, while exports increased 6.1 percent to 155,357 TEUs. Total loaded volumes of 454,332 TEUs fell 12.5 percent compared to the previous year, while empty containers slipped 12.1 percent to 171,048 TEUs.
For the fiscal year to date, POLA total cargo volumes are up 8.8 percent compared to the same eight-month period in FY 2016.
Current and historical POLA data is available at https://www.portoflosangeles.org/maritime/stats.asp
Port of Los Angeles cargo traffic decreased by double digits in February 2017, a mere month after the port saw record container volumes, according to newly released data.
The timing of Lunar New Year observances in late January and early February played a role in the decline, as it resulted in a significant amount of cargo being shipped in January rather than the following month.
February container volumes of 625,381 twenty-foot equivalent units (TEUs) decreased 12.4 percent compared to the record February 2016 volumes of 713,721 TEUs, which were 42 percent higher than 2015. Compared to the port’s most recent five-year average of February container volumes, February 2017 volumes were up 7.2 percent, data show.
“While volumes eased compared to the record cargo we saw last February, I’m pleased that we’ve seen year-over-year growth to start 2017,” Port of LA Executive Director Gene Seroka said in a statement.
For the first two months of 2017 combined, Port of LA volumes increased 2.3 percent compared to the same period last year.
Cargo imports in February 2017 dropped 19.8 percent to 298,974 TEUs compared to the previous year, while exports increased 6.1 percent to 155,357 TEUs. Total loaded volumes of 454,332 TEUs fell 12.5 percent compared to the previous year, while empty containers slipped 12.1 percent to 171,048 TEUs.
For the fiscal year to date, POLA total cargo volumes are up 8.8 percent compared to the same eight-month period in FY 2016.
Current and historical POLA data is available at https://www.portoflosangeles.org/maritime/stats.asp
Tuesday, February 21, 2017
Seaport Alliance Sees Monthly Cargo Volumes Increases
By Mark Edward Nero
The Northwest Seaport Alliance kicked off the first month of 2017 with a 17 percent growth in container cargo for January, according to newly released data.
The Seaport Alliance, which is a maritime operating partnership between the Seattle and Tacoma ports, said full import and export volumes were both especially strong last month compared with the same month the year before.
At 128,892 TEUs, full imports grew almost 19 percent compared to January 2016, according to data.
Contributing factors to the increase, according to the Seaport Alliance, were fuller ships calling ahead of the Lunar New Year on Jan. 28, as well as retail stores restocking their inventory following a strong holiday retail season.
Traditionally, the factories in China ramp up production leading up to the Lunar New Year before they shut down for up to two weeks for the holiday. As a result, ocean carriers reduce the number of sailings to accommodate for the slowdown.
Full exports also recorded a strong month with 76,339 TEUs, a 17 percent increase. The total international TEU volumes grew nearly 18 percent in January.
But one month’s gain could mean another month’s loss.
“With China making up about 60 percent of our import volumes, we may see lower cargo volumes in February because fewer ships will reach our gateway,” the Alliance predicted in a statement.
Regarding domestic volumes – those between the Pacific Northwest ports and Alaska and Hawaii – in January were better than in January 2016, with Alaska volumes up more than 19 percent as a result of three additional sailings in January. Alaska volumes are expected to decline five to six percent this year due to soft market conditions.
Regarding other cargo, breakbulk was up 8.4 percent to 14,502 metric tons due to several military shipments through the South Harbor, Seaport Alliance data show, while auto units were up 4.3 percent to 12,613 units due to the release of a new model, as well as a resolution to labor/management issues in South Korea.
January 2017 container and cargo volumes for January 2017 can be found at https://www.nwseaportalliance.com/sites/default/files/seaport_alliance_full_mty_by_month_jan2017.pdf and https://www.nwseaportalliance.com/sites/default/files/seaport_alliance-5-year_history_jan_17.pdf, respectively.
The Northwest Seaport Alliance kicked off the first month of 2017 with a 17 percent growth in container cargo for January, according to newly released data.
The Seaport Alliance, which is a maritime operating partnership between the Seattle and Tacoma ports, said full import and export volumes were both especially strong last month compared with the same month the year before.
At 128,892 TEUs, full imports grew almost 19 percent compared to January 2016, according to data.
Contributing factors to the increase, according to the Seaport Alliance, were fuller ships calling ahead of the Lunar New Year on Jan. 28, as well as retail stores restocking their inventory following a strong holiday retail season.
Traditionally, the factories in China ramp up production leading up to the Lunar New Year before they shut down for up to two weeks for the holiday. As a result, ocean carriers reduce the number of sailings to accommodate for the slowdown.
Full exports also recorded a strong month with 76,339 TEUs, a 17 percent increase. The total international TEU volumes grew nearly 18 percent in January.
But one month’s gain could mean another month’s loss.
“With China making up about 60 percent of our import volumes, we may see lower cargo volumes in February because fewer ships will reach our gateway,” the Alliance predicted in a statement.
Regarding domestic volumes – those between the Pacific Northwest ports and Alaska and Hawaii – in January were better than in January 2016, with Alaska volumes up more than 19 percent as a result of three additional sailings in January. Alaska volumes are expected to decline five to six percent this year due to soft market conditions.
Regarding other cargo, breakbulk was up 8.4 percent to 14,502 metric tons due to several military shipments through the South Harbor, Seaport Alliance data show, while auto units were up 4.3 percent to 12,613 units due to the release of a new model, as well as a resolution to labor/management issues in South Korea.
January 2017 container and cargo volumes for January 2017 can be found at https://www.nwseaportalliance.com/sites/default/files/seaport_alliance_full_mty_by_month_jan2017.pdf and https://www.nwseaportalliance.com/sites/default/files/seaport_alliance-5-year_history_jan_17.pdf, respectively.
Friday, February 17, 2017
POLA Has Busiest January in Its History
By Mark Edward Nero
The Port of Los Angeles handled more than 826,600 TEUs last month, an increase of 17.4 percent compared to January 2016, according to data released Feb. 14.
The total volume made the month the busiest January in the port’s 110-year history, outpacing last January, which was the previous record for the first month of the year.
It was also the second-best month overall for the port, eclipsed only by last November’s 877,564 TEUs.
“Coming off our best year ever in 2016, it’s very encouraging to keep the momentum going into 2017,” Port of LA Executive Director Gene Seroka said in a statement.
The port attributes the January surge in part to retail stores replenishing inventories after the holidays, a trend of increased US exports and cargo ships calling ahead of the Lunar New Year, when goods from Asia slow down considerably. Over the most recent 10-year period, January volumes at the Port of Los Angeles have averaged 645,142 TEUs.
Import volumes in January increased 13.1 percent to 415,423 TEUs compared to the same month last year, while exports surged 28.7 percent to 162,420 TEUs in January. Total loaded imports of 577,843 TEUs increased 17.1 percent compared to the previous year. Empty containers jumped 17.9 percent to 248,797 TEUs. Combined, January overall volumes were 826,640 TEUs, a 17.4 percent jump over January 2016’s numbers.
Current and historical POLA volume data is available at https://www.portoflosangeles.org/maritime/stats.asp
The Port of Los Angeles handled more than 826,600 TEUs last month, an increase of 17.4 percent compared to January 2016, according to data released Feb. 14.
The total volume made the month the busiest January in the port’s 110-year history, outpacing last January, which was the previous record for the first month of the year.
It was also the second-best month overall for the port, eclipsed only by last November’s 877,564 TEUs.
“Coming off our best year ever in 2016, it’s very encouraging to keep the momentum going into 2017,” Port of LA Executive Director Gene Seroka said in a statement.
The port attributes the January surge in part to retail stores replenishing inventories after the holidays, a trend of increased US exports and cargo ships calling ahead of the Lunar New Year, when goods from Asia slow down considerably. Over the most recent 10-year period, January volumes at the Port of Los Angeles have averaged 645,142 TEUs.
Import volumes in January increased 13.1 percent to 415,423 TEUs compared to the same month last year, while exports surged 28.7 percent to 162,420 TEUs in January. Total loaded imports of 577,843 TEUs increased 17.1 percent compared to the previous year. Empty containers jumped 17.9 percent to 248,797 TEUs. Combined, January overall volumes were 826,640 TEUs, a 17.4 percent jump over January 2016’s numbers.
Current and historical POLA volume data is available at https://www.portoflosangeles.org/maritime/stats.asp
Tuesday, December 27, 2016
Oakland Monthly Container Volumes Up Slightly
By Mark Edward Nero
Although an 11.5 percent increase in full container imports was a boon for the Port of Oakland last month, it was offset by a nearly 24 percent drop in empty exports, resulting in just a 2.3 percent rise in overall cargo volumes compared to the same month last year.
Data shows that November’s 11.5 percent containerized export volume increase was the third straight month of double-digit growth and the 10th time exports have risen this year.
The port has said that exports are surging despite a strengthening dollar that makes American products more expensive overseas. Strong Asian demand for California farm products, wine and other beverages is spurring the rally, according to the port.
“If you listen to conventional wisdom, exports should be facing headwinds,” Maritime Director John Driscoll said. “But the clamor overseas for high-quality American commodities hasn’t peaked, so our volumes keep climbing.”
The port said it shipped 85,915 TEUs last month, which is its second-highest total of 2016, after October’s 89,400 units.
Through 11 months of this year Oakland export volume is up 10.3 percent, while containerized imports are up 4.5 percent and total loaded container volume has increased 7.4 percent.
Port data shows that exports have accounted for 52 percent of its loaded cargo volume in 2016, while imports account for the other 48 percent. The port’s complete 2016 TEU volumes data can be seen at http://www.portofoakland.com/port/seaport/facts-and-figures/
Although an 11.5 percent increase in full container imports was a boon for the Port of Oakland last month, it was offset by a nearly 24 percent drop in empty exports, resulting in just a 2.3 percent rise in overall cargo volumes compared to the same month last year.
Data shows that November’s 11.5 percent containerized export volume increase was the third straight month of double-digit growth and the 10th time exports have risen this year.
The port has said that exports are surging despite a strengthening dollar that makes American products more expensive overseas. Strong Asian demand for California farm products, wine and other beverages is spurring the rally, according to the port.
“If you listen to conventional wisdom, exports should be facing headwinds,” Maritime Director John Driscoll said. “But the clamor overseas for high-quality American commodities hasn’t peaked, so our volumes keep climbing.”
The port said it shipped 85,915 TEUs last month, which is its second-highest total of 2016, after October’s 89,400 units.
Through 11 months of this year Oakland export volume is up 10.3 percent, while containerized imports are up 4.5 percent and total loaded container volume has increased 7.4 percent.
Port data shows that exports have accounted for 52 percent of its loaded cargo volume in 2016, while imports account for the other 48 percent. The port’s complete 2016 TEU volumes data can be seen at http://www.portofoakland.com/port/seaport/facts-and-figures/
Friday, December 16, 2016
POLA Registers Another Record Cargo Month
By Mark Edward Nero
For the second straight month, containerized cargo flowing
through the Port of Los Angeles has surpassed all-time volumes for a North
American port, newly released data show.
Port of LA terminals processed 877,564 TEUs the data show,
eclipsing October 2016’s all-time record of 814,574 TEUs. November volumes were
up 23.6 percent compared to November 2015.
Overall container volumes were 877,564 TEUs last month, led
by a 26 percent surge in empty containers, followed by a 25 percent jump in
exports to 177,359 TEUs and a 22 percent imports increase of 22 percent to 437,050
TEUs.
“We are grateful to the cargo owners who see the value in
this trade corridor, and to our container terminal customers, labor and other
supply chain partners who, working together, efficiently processed this
extraordinary surge of holiday season cargo,” Port of Los Angeles Executive
Director Gene Seroka said.
Total cargo volumes through the first 11 months of 2016
stand at 8,060,246 TEUs, an increase of seven percent compared to the same
period last year, and far ahead of the 6.2 million units shipped through the
adjoining Port of Long Beach during the same 11-month time period.
So far for the calendar year, which began July 1, the POLA
has seen 3.9 million TEUs, an 8.15 percent jump over the 3.63 million units
moved during the same five-month period last year.
Current and past data container counts for the Port of Los
Angeles are available at http://www.portoflosangeles.org/maritime/stats.asp.
Friday, November 18, 2016
POLB Monthly Container Volumes Take a Dip
By Mark Edward Nero
October container volumes were down 6.2 percent at the Port of Long Beach compared to the same month last year, as the fallout from the Hanjin bankruptcy continues to settle.
A total of 581,808 TEUs moved through docks last month, according to port data. Export TEUs were 1.2 percent down, relatively flat compared to last October, to 126,770 TEUs. Total imports were 296,711 TEUs, 3.7 percent off. Empty containers experienced the largest drop of 13.8 percent to 158,327 boxes.
Port officials noted the harbor’s last October was the best in the previous eight years, and came during a string of six consecutive months of cargo growth to end 2015.
The port said a major factor affecting its volume is the Hanjin bankruptcy, which the South Korea-based company filed in late August. In 2015, Hanjin Shipping containers accounted for over 12 percent of the port’s total containerized volume.
Hanjin, which until recently was the world’s seventh largest container carrier, owns a majority stake in one POLB terminal, TTI.
For the calendar year through October, the port’s 2016 TEUs trail the 2015 total by 4.8 percent. October was the first month of the port’s new fiscal year.
More detailed cargo numbers are at www.polb.com/stats.
October container volumes were down 6.2 percent at the Port of Long Beach compared to the same month last year, as the fallout from the Hanjin bankruptcy continues to settle.
A total of 581,808 TEUs moved through docks last month, according to port data. Export TEUs were 1.2 percent down, relatively flat compared to last October, to 126,770 TEUs. Total imports were 296,711 TEUs, 3.7 percent off. Empty containers experienced the largest drop of 13.8 percent to 158,327 boxes.
Port officials noted the harbor’s last October was the best in the previous eight years, and came during a string of six consecutive months of cargo growth to end 2015.
The port said a major factor affecting its volume is the Hanjin bankruptcy, which the South Korea-based company filed in late August. In 2015, Hanjin Shipping containers accounted for over 12 percent of the port’s total containerized volume.
Hanjin, which until recently was the world’s seventh largest container carrier, owns a majority stake in one POLB terminal, TTI.
For the calendar year through October, the port’s 2016 TEUs trail the 2015 total by 4.8 percent. October was the first month of the port’s new fiscal year.
More detailed cargo numbers are at www.polb.com/stats.
Monday, November 14, 2016
POLA Records Best Cargo Month Ever for a West Coast Port
By Mark Edward Nero
Cargo volumes at the Port of Los Angeles increased nearly 16 percent in October compared to the same period last year, marking the busiest month ever at a Western Hemisphere container port, according to data collected by the American Association of Port Authorities.
Total volumes registered at 814,574 TEUs, eclipsing the previous record of 800,063 TEUs, which was recorded at the Port of Los Angeles in October 2006.
“We applaud our container terminals, labor and all of the stakeholders in our supply chain that drove this record-breaking volume with speed, efficiency and reliability,” Port of Los Angeles Executive Director Gene Seroka said in a statement.
“It’s encouraging to see that when cargo surges, we have the infrastructure, equipment and human capital to keep the boxes moving.”
Imports increased 16.4 percent to 417,311 TEUs during the month, while exports jumped 23.3 percent to 166,406 TEUs. Along with an 18.3 percent surge in empty containers, overall October container volumes were 814,574 TEUs, according to data.
Through the first 10 months of 2016, the POLA’s cargo volumes were at 7,182,682 TEUs, representing an increase of 5.25 percent compared to the same period last year. So far during the current fiscal year, which began July 1, LA has recorded 3.04 million TEUs, a 4.4 percent rise from the 2.92 million containers during the corresponding period during FY 2016.
Current and past data container counts for the Port of L.A. may be found at: http://www.portoflosangeles.org/maritime/stats.asp.
Cargo volumes at the Port of Los Angeles increased nearly 16 percent in October compared to the same period last year, marking the busiest month ever at a Western Hemisphere container port, according to data collected by the American Association of Port Authorities.
Total volumes registered at 814,574 TEUs, eclipsing the previous record of 800,063 TEUs, which was recorded at the Port of Los Angeles in October 2006.
“We applaud our container terminals, labor and all of the stakeholders in our supply chain that drove this record-breaking volume with speed, efficiency and reliability,” Port of Los Angeles Executive Director Gene Seroka said in a statement.
“It’s encouraging to see that when cargo surges, we have the infrastructure, equipment and human capital to keep the boxes moving.”
Imports increased 16.4 percent to 417,311 TEUs during the month, while exports jumped 23.3 percent to 166,406 TEUs. Along with an 18.3 percent surge in empty containers, overall October container volumes were 814,574 TEUs, according to data.
Through the first 10 months of 2016, the POLA’s cargo volumes were at 7,182,682 TEUs, representing an increase of 5.25 percent compared to the same period last year. So far during the current fiscal year, which began July 1, LA has recorded 3.04 million TEUs, a 4.4 percent rise from the 2.92 million containers during the corresponding period during FY 2016.
Current and past data container counts for the Port of L.A. may be found at: http://www.portoflosangeles.org/maritime/stats.asp.
Tuesday, November 8, 2016
Oakland Export Volumes Reach a 3-Year High
By Mark Edward Nero
Port of Oakland export volume reached a three-year high in October, soaring 20 percent over 2015 totals, per newly-released data.
The port reported Nov. 7 that it shipped the equivalent of 89,473 export containers last month, which was the most since Oct. 2013, as well as the fourth-largest monthly total in its history.
The figures cap a yearlong rally that has lifted Oakland exports 10 percent above 2015 volume year-to-date.
Last month was behind only March 2012 (91,613 TEUs), October 2013 (89,561 TEUs) and March 2011 (89,524 TEUs) for monthly containerized exports.
“Increased export volume is nothing new – we’ve reported gains in nine of the first 10 months of the year,” Port of Oakland Maritime Director John Driscoll said. “But the amount of volume growth highlights just how strong this rally is.”
A softer US dollar and healthy agricultural harvests helped drive export gains, according to the port. Growers in California’s Central, Napa and Salinas valleys depend on Oakland to reach markets in Asia.
The port also reported that containerized import cargo volume increased two percent in October. Overall loaded container volume – imports and exports – was up 11.4 percent last month.
Port of Oakland export volume reached a three-year high in October, soaring 20 percent over 2015 totals, per newly-released data.
The port reported Nov. 7 that it shipped the equivalent of 89,473 export containers last month, which was the most since Oct. 2013, as well as the fourth-largest monthly total in its history.
The figures cap a yearlong rally that has lifted Oakland exports 10 percent above 2015 volume year-to-date.
Last month was behind only March 2012 (91,613 TEUs), October 2013 (89,561 TEUs) and March 2011 (89,524 TEUs) for monthly containerized exports.
“Increased export volume is nothing new – we’ve reported gains in nine of the first 10 months of the year,” Port of Oakland Maritime Director John Driscoll said. “But the amount of volume growth highlights just how strong this rally is.”
A softer US dollar and healthy agricultural harvests helped drive export gains, according to the port. Growers in California’s Central, Napa and Salinas valleys depend on Oakland to reach markets in Asia.
The port also reported that containerized import cargo volume increased two percent in October. Overall loaded container volume – imports and exports – was up 11.4 percent last month.
Friday, October 21, 2016
Seattle-Tacoma Cargo Volumes Flat
By Mark Edward Nero
Total container volumes at the Seattle-Tacoma port complex are essentially flat year-to-date through September, down less than one percent to 2,657,481 TEUs, according to data released Oct. 17.
Weak empty and domestic volumes continue to drag down overall container volume growth. Domestic volumes are down three percent year to date as Alaska struggles with a decrease in oil- and gas-related project activity due to low commodity prices.
However, full imports for the month of September were up a combined four percent compared to the same month last year at the two ports, while full exports grew six percent, according to the data.
Year to date 2016, full imports are up three percent to 1.01 TEUs and full exports jumped 12 percent to 713,579 TEUs.
In other cargo news, breakbulk cargo is down 28 percent year to date to 141,942 metric tons as the global downturn in agricultural, mining and construction equipment and a strong US dollar affect volumes.
Also, log exports fell 40 percent year-to-date to 124,456 metric tons, with the fall being blamed on decreased demand in China and competition from New Zealand.
Additionally, auto imports and exports fell seven percent to 130,478 units, something that the ports said was due to vehicle manufacturers moving factory locations, thereby shifting the supply chain.
Total container volumes at the Seattle-Tacoma port complex are essentially flat year-to-date through September, down less than one percent to 2,657,481 TEUs, according to data released Oct. 17.
Weak empty and domestic volumes continue to drag down overall container volume growth. Domestic volumes are down three percent year to date as Alaska struggles with a decrease in oil- and gas-related project activity due to low commodity prices.
However, full imports for the month of September were up a combined four percent compared to the same month last year at the two ports, while full exports grew six percent, according to the data.
Year to date 2016, full imports are up three percent to 1.01 TEUs and full exports jumped 12 percent to 713,579 TEUs.
In other cargo news, breakbulk cargo is down 28 percent year to date to 141,942 metric tons as the global downturn in agricultural, mining and construction equipment and a strong US dollar affect volumes.
Also, log exports fell 40 percent year-to-date to 124,456 metric tons, with the fall being blamed on decreased demand in China and competition from New Zealand.
Additionally, auto imports and exports fell seven percent to 130,478 units, something that the ports said was due to vehicle manufacturers moving factory locations, thereby shifting the supply chain.
