Thursday, April 24, 2014

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Port of Los Angeles container volume up 34 percent in March

Container volume through the Port of Los Angeles rose in March by the most in seven years as business rebounded after the Chinese New Year holiday and a harsh U.S. winter, said a port statement.

The combined number of loaded and empty TEUs that were handled in Los Angeles in March increased 34 percent year-over-year, from 385,825 TEUs in March 2013 to 515,323 TEUs in March 2014. This is the largest monthly volume the port has seen since February 2007, according to its website.

The surge of Asian goods coming into the top U.S. port in part reflects the timing of Chinese factory closings during its New Year holiday and the resumption of normal transportation routes that had been interrupted by freezing temperatures in the U.S. Midwest and Northeast.

Imports handled by the Port of Los Angeles, ranked the largest in the nation by container volume, surged 41.5 percent last month year-over-year, from 231,397 TEUs in March 2013 to 327,497 TEUs in March 2014.

Exports shipped out from L.A. increased 21.6 percent, according to the port, jumping from 154,428 TEUs in March 2013 to 187,826 TEUs in March 2014.


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