Thursday, June 13, 2019

Port Of Los Angeles Becomes Busiest May With Increased Container Volumes

In the Port’s 112-year history, the Port of Los Angeles has moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May. Thus it is the busiest May in the Port’s 112-year history. In comparison to last May the volumes are reflecting a growth of about 7.8 percent. The Port volumes have increased by 5.2 percent in the first five months of 2019 as 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.”

When it is compared to last May, the imports have been increased 5.5 percent to 427,789 TEUs in May 2019. While exports have been decreased 0.8 percent to 167,357 TEUs. There is an increased 20 percent to 233,515 TEUs in empty containers.

Previously this occured in 2017, when the strongest May volumes at the Port was 796,217 TEUs.

Reference: portoflosangeles.org



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