Tuesday, October 16, 2012

Port of Los Angeles hits highest container volume since 2010

Traffic at the Port of Los Angeles increased 5.6 percent last month over the previous year, hitting its highest volume in two years.

However, export traffic at the Port of Long Beach declined slightly, and imports stayed even.

Los Angeles saw overall shipping volume jump from 372,655 TEUs in September 2010 to 385,250 TEUs September 2012. This is a 5.6 percent surge from last year, and a 3.4 percent increase over August 2012, the port said in a statement.

September imports were up 3.4 percent year on year, and exports decreased 2.6 percent. About 20 percent of the outgoing shipping containers were empty, going back to the Asia for new loads.

In Long Beach, there was a 2.9 percent decline in exports and a seven-tenths of a percent increase in imports in September 2012 compared to the same time last year.

For more of the Daily Breeze story: www.dailybreeze.com

More Newswire stories

APM criticizes VIT to Virginia legislators, Carlyle Group pulls bid

ILWU plans to sue over location of new Seattle sports arena

CMA CGM signs agreement with French private equity firm

Crewmember disappears from container ship off Alabama coast

Today's Cargo News Archives

Click to browse past stories on these topics:

Logistics

Ports & Infrastructure

Economic Outlook

Environmental Impact

Technology