Tuesday, January 20, 2015
Port of L.A. posts third busiest year in history
Despite congestion woes in the second half of 2014, the Port of L.A. netted one of its best years in port history in terms of cargo volume.
The port handled 8.3 million TEUs in 2014, a 6 percent year-over-year increase, according to a port statement. That made it the third busiest year at the Los Angeles port, behind 8.4 million TEUs in 2007 and 8.5 million in 2006.
"The 2014 numbers are an encouraging indication that the national economy continues to improve," Port Executive Director Gene Seroka said in a statement. "Beyond that, the second half of the year ushered in a mix of unprecedented challenges due to transformational changes in the shipping line business."
Seroka encouraged the International Longshore and Warehouse Union and Pacific Maritime Association to work quickly and in good faith toward a contract.
"We are working hard to help our customers and supply chain partners overcome those challenges and urge them to work together with us to find solutions," Seroka said.
For more of the Press-Telegram story: www.presstelegram.com
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