Friday, August 17, 2012
L.A.-Long Beach July container volumes down in July
July container volumes were down 1 percent year on year at the ports of Los Angeles and Long Beach, and port officials said Wednesday the usual fall uptick in shipments is unlikely this year.
However, Los Angeles and Long Beach handled a combined 8 million TEUs, a 1.1 percent increase, in the first seven months of 2012, compared to the same period last year.
"As a port complex, we're not seeing the kind of growth that we've seen in other years," said Phillip Sanfield, a spokesman for the Port of Los Angeles. "The fact we're flat tells us that consumer spending has not changed much from last year."
Taken separately, the Port of Los Angeles handled 726,375 TEUs in July, a 5.5 percent surge from July 2011. Imports increased by almost 4 percent, exports were up 0.3 percent and the number of empty containers the port handled increased 14.1 percent.
In contrast, the neighboring Port of Long Beach logged 522,486 TEUs in July, an 8.8 decrease from July 2011. Imports were down 10 percent, exports decreased 1.9 percent and the number of empties handled were down by 12.2 percent.
For more of the Press-Telegram story: www.presstelegram.com
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