Subscribe to our free, weekly email newsletter!


Ocean shipping: November 2011 POLA/POLB volumes are mixed

Export growth at the Port of Los Angeles breaks monthly volume record for second straight month
By Jeff Berman, Group News Editor
December 16, 2011

November 2011 volumes at the Port of Los Angeles (POLA) and Port of Long Beach (POLB) were decidedly mixed compared to the same period a year ago.

POLB imports, which are primarily comprised of consumer goods, came hit 231,749 TEU (Twenty-foot Equivalent Units) in November for a 15.6 percent year-over-year decrease and were below the 240,248 that arrived in October. Exports, which are primarily comprised of raw materials, were down 22.2 percent to 111,011 TEU, ahead of October’s 1118,325 TEU. Empties were down 17.1 percent at 117,121 TEU.

Total November POLB shipments—at 459,881 TEU—were down 17.6 percent compared to a year ago.  And on a year-to-date basis, POLA volume is down 3.29 percent at 5,551,142 TEU.

POLA imports—at 354,313 TEU—were up 6.17 percent compared to November 2010 and down compared to October’s 368,842 TEU. But once again the driving force behind monthly numbers was exports at 197,878 TEU, which is the single highest monthly total for exports, topping October’s 193,548 TEU. November POLA exports were up 15.01 percent annually.

Total volume year-to-date for the first 11 months of the year at POLA—at 7,291,042 TEU—is up 0.99 percent. 

“Exports are certainly the bright spot of 2011,” said Phillip Sanfield, POLA Director of Communications, in an interview. “To some degree they are keeping our overall numbers up year-over-year.

For all of 2010, POLA handled about 1.8 million TEU exports and that figure through the first 11 months of 2011 has already been surpassed at 1.9 million TEU and is on track for a 2 million export TEU year.

“We are winding down a year in which there was not a traditional peak season, with largely flat numbers,” he said. “We saw a slight decrease in volume in November sequentially, which is not uncommon for that time of year. In more traditional years, we see the peak in August, September, and October before dipping the next three months. We are seeing that to a degree, but any time we hit or approach 700,000 TEU in a month that is a good month.”

For November, POLA hit 694,108 TEU, which was 4.07 percent better than November 2010.  Sanfield said that November marks the last month in which POLA has seen the benefit of California United Terminals (CUT) switching from Long Beach to Los Angeles in December 2010.

POLB officials said a portion of the decline in November’s traffic was attributable to the CUT’s departure.

“The numbers reflect caution by retailers despite improving consumer confidence and a better than expected holiday shopping season this year,” said POLB. “After experiencing record gains in 2010, calendar-year-to-date numbers are down for 2011. Imports are down 3.3 percent and exports are down 3.1 percent compared to the first 11 months of 2010.”

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

Following the lead of its Congressional Colleagues in the House of Representatives, the United States Senate yesterday approved a measure geared to keep federal surface transportation funding intact through the end of December with a nearly $11 billion stopgap fix.

XPO Logistics announced second quarter earnings and the acquisition of two companies, New Breed Logistics, a non asset-based 3PL focusing in contract logistics services, for roughly $615 million, and Atlantic Central Logistics, a 3PL provider of last-mile logistics services, for roughly $36.5 million.

The report, entitled “Outlook for the Domestic Transport and Logistics Market in 2H14 and Beyond,” takes the view that strong freight levels in the second quarter have left trucking companies in a good position: one in which they need to come up with new plans to handle rising demand. But even with that positive momentum afloat, the report observes that there are some familiar challenges intact, such as a lack of qualified drivers and the regulatory drag from the new hours-of-service rules that took effect in July 2013.

Flags of Convenience are a fact of life in the commercial maritime trade, but several European political action groups are worried that they will pose a threat to the Continent’s air cargo industry.

For May, which is the most recent month for which data is available, the SCI is -7.5, following April’s -7.5. FTR said this reading represents a still-tight capacity environment, as utilization rates hover between 98 percent and 99 percent.

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