Subscribe to our free, weekly email newsletter!


March 2012 volumes mixed for Port of Los Angeles

By Jeff Berman, Group News Editor
April 12, 2012

The Port of Los Angeles (POLA) reported that March volumes were mixed on an annual basis.

March volumes for POLA—at 650,452 Twenty-foot Equivalents (TEU)—were up 8.27 percent annually, and it also outpaced the February total of 419,084 TEU, which was impacted by the Chinese New Year.

Imports were up 9.34 percent at 324,758 TEU, and exports saw a 2.43 percent decline at 188,155 TEU. Empties—at 137,538—were up 23.99 percent. On a year-to-date basis for the first three months of the year, total POLA volumes are up 3.23 percent at 1,874,820 TEU.

In a recent interview with LM, POLA Director of Communications Philip Sanfield said that export growth is not expected to be as strong as it was in 2011, which was up roughly 14 percent over 2010. Total 2011 exports marked a POLA all-time record at 2,109,394 TEU.

Sanfield said that an import uptick could be on the way as retailers begin to re-stock inventory. The National Retail Federation recently said that it expects 2012 retail sales will grow 3.4 percent to $2.53 trillion.

Sanfield added that POLA is “cautiously optimistic about import growth in the coming months.

This sentiment was also expressed by the Port of Long Beach at its recent“Annual Peak Season Forecast.”

At the POLB event, global shippers stated that they anticipate a busier 2012 peak season, with Southern California ports well prepared with facilities, labor force, and customer service ready to handle increased volumes.

And Walter Kemmsies, Ph.D, chief economist for Moffat & Nichol, said that exports are currently supporting the U.S. economy through overseas purchases of U.S. autos, construction equipment, and agricultural products.

What’s more, the recent Port Tracker report by the NRF and Hackett Associates said that it expects import cargo volumes at U.S. ports to post a 3.2 percent annual gain in April.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 4.4 percent from August 2013 to August 2014 at $100.6 billion.

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA