Thursday, May 19, 2016

April imports up 4.7 percent at Port of L.A., exports down 1 percent





Import cargo volumes at the Port of Los Angeles increased 4.7 percent in April year-over year, while imports were down 1 percent, according to a port statement. Overall cargo volume for the first four months of 2016 increased 8 percent compared to 2015.

"While the pace of global trade and U.S. retailer imports has eased recently, our work and progress on supply chain optimization has put the Port of Los Angeles on track to drive market opportunities," said Executive Director Gene Seroka.

Total April 2016 volumes registered at 656,177 TEUs, a decrease of 1 percent compared to the same period last year.

April loaded imports increased 4.7 percent to 343,574 TEUs. Loaded exports decreased 1 percent to 144,103 TEUs. Total loaded TEUs increased 2.9 percent to 487,677 TEUs.

When factoring in a decrease of 10.9 percent in the movement of empty containers, the port said overall April container volumes totaled 656,177 TEUs.


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