Port of Los Angeles Breaks June, Fiscal Year Records

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The Port of Los Angeles moved 764,777 Twenty-Foot Equivalent Units (TEUs) in June, the busiest June in the Port’s 112-year history. The month marked the end of Fiscal Year 2018-19 in which the Port moved 9,688,252 TEUs, a 5.7 percent improvement over the previous fiscal year.

“Completing the busiest 12-month period in the Port’s history makes me proud of our extraordinary capabilities and grateful to all our stakeholders,” said Port of Los Angeles Executive Director Gene Seroka. “With container exchange per vessel at record levels, we will continue to enhance and optimize our port complex in the coming months. Creating a universal truck reservation system, moving chassis off terminals and further refining the Port Optimizer™ are top priorities.”

June 2019 imports increased 3.5 percent to 396,307 TEUs compared to the previous year. Exports decreased 5.6 percent to 139,318 TEUs while empty containers increased 19 percent to 229,153 TEUs. Combined, June overall volumes were 764,777 TEUs.

Six months into 2019 overall volumes have increased 5.3 percent compared to 2018, when the Port set an all-time cargo record.

The Port of Los Angeles is North America’s leading seaport by container volume and cargo value. The Port of Los Angeles facilitated USD 297 billion in trade during 2018. San Pedro Bay port complex operations and commerce facilitate one in nine jobs in the five-county Southern California region.

Sea News, July 11