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Friday, August 18, 2017

July Box Volumes up 16% at Port of LA

Posted by August 10, 2017

(File photo: Port of Los Angeles)

(File photo: Port of Los Angeles)

July container volumes at the Unites States’ busiest port climbed by 16 percent compared to July 2016 volumes: 796,804 twenty-foot equivalent units (TEUs) came through the Port of Los Angeles, the busiest July in the port’s 110-year history.

 
Seven months into 2017, Port container volumes are 9.5 percent ahead of 2016, when the Port of Los Angeles handled a record-breaking 8.8 million TEUs.
 
“As we strive to maintain our competitive edge with these record volumes, it’s important to acknowledge the Pacific Maritime Association and the good men and women of the International Longshore and Warehouse Union who just extended their contract with terminal operators until 2022,” said Gene Seroka, Executive Director of the Port of Los Angeles. “The certainty that comes from this decision builds further long-term confidence in our supply chain as we continue to focus on superior infrastructure, innovative leadership and extraordinary customer service.”
 
July loaded imports increased 13 percent to 417,090 TEUs. Loaded exports rose 17 percent to 154,925 TEUs. Along with a 20 percent spike in empty containers, overall July container volumes were 796,804 TEUs. Previously, the strongest July in Port history was 2006, when 761,326 TEUs moved through the port’s terminals.
 
Through July, total 2017 cargo volumes are 5,279,352 TEUs, an increase of 9.5 percent compared to the same period in 2016.
International Longshore and Warehouse UnionWarehouse UnionPacific Maritime Association