Los Angeles Sets May Box Volume Record

June 13, 2019

The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent compared to last May.
 
For the first five months of 2019, Port volumes have increased 5.2 percent compared to the same period last year.
 
“I’m extremely pleased with another record month of throughput and grateful to our supply chain stakeholders, terminal operators and unparalleled labor force for their performance,” said Port of Los Angeles Executive Director Gene Seroka.

“As we prepare for our traditional peak shipping season in the months ahead, we’re closely monitoring global trade tensions that have created heightened unpredictability,” Seroka added.
 
May 2019 imports increased 5.5 percent to 427,789 TEUs compared to last May. Exports decreased 0.8 percent to 167,357 TEUs. Empty containers increased 20 percent to 233,515 TEUs.
 
Previously, the strongest May volumes at the Port occurred in 2017 with 796,217 TEUs.

Logistics News

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Oil Tumbles as US and Iran Seen Moving Closer to Deal

Russia Says Magnetic Mines Found on Tanker

Russia Says Magnetic Mines Found on Tanker

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

Subscribe for Maritime Logistics Professional E‑News

Officials confirm that the bombing of a Pakistani train killed more than 30 people
Bangladesh offers favourable terms for offshore energy tenders
Carney emphasizes importance of Alberta following separation vote announcement