16-09-2017

LA has record August, up 6.1pc to 847,857 TEU, LB up 8pc to 692,375 TEU

LA

SAN PEDRO BAY ports of Los Angeles and Long Beach posted excellent August cargo results with LA leading with a record-breaking 6.1 per cent year-on-year increase to 847,857 TEU while LB had an eight per cent gain to 692,375 TEU.

"We plan to build on this momentum by focusing on innovative 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," said LA Port executive director Gene Seroka. 

August LA laden boxes increased 5.1 per cent to 432,479 TEU. Laden exports rose four per cent to 159,197 TEU. Empties were up 9.2 per cent. The port's busiest month was November 2016 with its 877,564 TEU throughput.

Long Beach imports in August surged 10.6 per cent year on year to 355,715 TEU making it the third-highest monthly import total in the port's 106-year history.

But Long Beach exports were down 26.3 per cent to 117,290 TEU due to shifts in vessel alliances, according to the port. Empties increased 37 per cent to 219,370 TEU.

Through the first eight months of 2017, total Long Beach cargo volumes were up 6.6 per cent from the same 2016 period, according to port statistics.

Said Long Beach port director Mario Cordero: "The modest economic growth we've seen since the Great Recession has been replaced this year by robust gains, at least when measured by goods coming into the United States."

Source: Schednet 

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