Port of LA Throughput Negatively Impacted by Chinese New Year

March 16, 2014

Port of Los Angeles container ship: Image courtesy of the Port
Port of Los Angeles container ship: Image courtesy of the Port

February 2014 cargo volumes in the Port of Los Angeles decreased 8.9 percent compared to the same month last year informs the Port in its latest report.

The Port considers that the decrease is due in part to the Chinese New Year, which closed many factories in Asia for two to three weeks in February. Last year, the holiday was found to have had a negative impact on March container volumes.

Container imports decreased 10.6 percent, from 318,547 Twenty-Foot Equivalent Units (TEUs) in February 2013 to 284,812 TEUs in February 2014. Exports dropped 6.2 percent, from 156,690 TEUs in February 2013 to 146,925 TEUs in February 2014.
 
Combined, total loaded imports and exports for February decreased 9.1 percent, from 475,237 TEUs in February 2013 to 431,738 TEUs in February 2014. Factoring in empties, which decreased 8.3 percent year over year, overall February 2014 volumes (559,786 TEUs) fell 8.9 percent compared to February 2013 (614,948 TEUs).
 
Current and past data container counts for the Port of Los Angeles may be found at:
http://www.portoflosangeles.org/maritime/stats.asp
 
 

 

Logistics News

Georgia Ports, Konecranes Celebrate 30-Year Yard Crabe Partnership

Georgia Ports, Konecranes Celebrate 30-Year Yard Crabe Partnership

PPG Completes 100th Dry Docking Using Electrostatic Coating

PPG Completes 100th Dry Docking Using Electrostatic Coating

DP World, Asian Terminals Inc. Deploy First Fleet of Electric Internal Transfer Vehicles in the Philippines

DP World, Asian Terminals Inc. Deploy First Fleet of Electric Internal Transfer Vehicles in the Philippines

Alleged Breach of Supply Chain Protection for Sheep in Jordan

Alleged Breach of Supply Chain Protection for Sheep in Jordan

Subscribe for Maritime Logistics Professional E‑News

Rupee drops as US inflation worries dent Fed rate-cut bets and hoist the dollar
Syria's Aviation Comeback Struggles amid Regional Unrest
Italy asks Poste and state mint to restart talks about PagoPA