Port of Los Angeles Stays Red Hot

Image Courtesy: Port of LA

For the second consecutive month, containerized cargo flowing through the Port of Los Angeles surpassed all-time volumes for a Western Hemisphere port.

Port of Los Angeles terminals processed 877,564 Twenty-Foot Equivalent Units (TEUs), eclipsing October’s all-time record of 814,574 TEUs.

November volumes were up 23.6 percent compared to November 2015.

“We are grateful to the cargo owners who see the value in this trade corridor, and to our container terminal customers, labor and other supply chain partners who, working together, efficiently processed this extraordinary surge of holiday season cargo,” said Port of Los Angeles Executive Director Gene Seroka.

“Their ability to handle this much volume is a testament to the resiliency and competitiveness of this gateway.”

November imports increased 22 percent to 437,050 TEUs. Exports jumped 25 percent to 177,359 TEUs.

Along with a 26 percent surge in empty containers, overall November container volumes were 877,564 TEUs.

Total cargo volumes through the first 11 months of 2016 stand at 8,060,246 TEUs, an increase of 7 percent compared to the same period last year.

On the other hand, the Port of LA’s South Californian neighbor, the Port of Long Beach, continues to see a decline in box volumes attributed largely to shipping alliances changing routes and the recent bankruptcy of Hanjin Shipping.

The struggling South Korean carrier represents 12.3 percent of Long Beach’s containerized volume and holds a 54 percent stake in Total Terminals International, the operator of Pier T, one of the port’s largest terminals.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Maritime Reconnaissance and Surveillance Technology

Over the past few years, maritime intelligence gathering and ISR capabilities have returned to the forefront of the defence industry…

read more >

BWMTech

Clarify regulations. Plan BWMS integration. Prevent operational failure…

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >