Port of Los Angeles Records Second Busiest Month in 110 Years

0
Image Courtesy: Port of Los Angeles

Last month, Port of Los Angeles recorded container volumes that climbed by 6.1 percent compared to August 2016 volumes. 847,857 Twenty-Foot Equivalent Units (TEUs) came through the Port of Los Angeles, marking the busiest August and the second-busiest month in the port’s 110-year history.

Eight months into 2017, Port container volumes are 9 percent ahead of 2016, when the Port of Los Angeles handled a record-breaking 8.8 million TEUs.

“We are grateful to our terminal operators, labor force, supply chain stakeholders and our cargo owners for the record-breaking container volume trend we have been experiencing over the past 20 months,” said Port of Los Angeles Executive Director Gene Seroka. “We plan to build on this momentum and confidence by focusing on innovative new ways to improve efficiencies, including a first-of-its kind information portal system with GE Transportation that will be introduced at all of our container terminals in the coming months.”

August loaded imports increased 5.1 percent to 432,479 TEUs. Loaded exports rose 4 percent to 159,197 TEUs. Along with a 9.2 increase in empty containers, overall August container volumes were 847,857 TEUs. Previously, the strongest August in Port history was last year, when 798,932 TEUs moved through the port’s terminals.  The Port’s busiest month on record was November 2016, when 877,564 TEUs flowed through the Port.

Through August, total 2017 cargo volumes are 6,127,209TEUs, an increase of 9 percent compared to the same period in 2016.