20-02-2018

Los Angles moves 808,728 TEU last month - 2nd busiest Jan in port’s history

THE Port of Los Angeles handled 808,728 TEU last month, the second-busiest January in the port's history behind last January's record of 826,640 TEU.

While a slight decrease compared to January 2017's record, it's significantly higher than the port's most recent 5-year January average of 683,003 TEU.

"After two consecutive years of record-breaking cargo, it's encouraging to start 2018 with robust volumes," said Port of Los Angeles executive director Gene Seroka.

"It's only the seventh time we have eclipsed the 800,000 TEU mark in a single month, and we're grateful to our supply chain partners for their continued confidence in our world-class infrastructure, innovative technology solutions and extraordinary customer service."

Strong January volumes are due in part to retail stores replenishing inventories after the holidays, and cargo ships calling ahead of the Lunar New Year, when goods from Asia slow down considerably.

January 2018 imports increased 1.8 per cent to 422,831 TEU compared to the previous year. Exports decreased 7.6 per cent to 150,035 TEU while empty containers decreased 5.2 per cent to 235,861 TEU. Combined, January overall volumes were 808,728 TEU, a 2.2 per cent decrease compared to last year, MarineLink reported.

Source: Schednet

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