Subscribe to our free, weekly email newsletter!


Ocean shipping: Ports of Los Angeles and Long Beach August 2011 volumes show steep declines


September 15, 2011

August volumes for the Ports of Los Angeles and Long Beach were both down compared to the same timeframe in 2010.

POLA imports—at 376,189 Twenty-foot Equivalent Units (TEU) were down 5.75 percent compared to last year but were ahead of July’s 357,667. Exports came in at 184,231 for a 24.81 percent annual hike and topped July’s 165,135 output. August empties at POLA were 162,749 TEU for a 25.03 percent decline, and the monthly total was 723,170 TEU, which represented a 5.32 decline from last year.

For the calendar year-to-date, POLA is up 0.40 percent at 5,178,723.

“Considering last August was best month of 2010 and the current economic conditions, it wasn’t a bad showing,” said POLA Director of Communications Philip Sanfield. “After eight months of 2011, we’re essentially flat compared to 2010. And that’s coming off a year of 16 percent growth.  It’s difficult to predict the next four months and what, if any, kind of Peak Season, we will see. Retailers appear to be somewhat cautious going into the holiday season. We’ll know more as we see the September and October numbers.”

The August edition of the Port Tracker report from the National Retail Federation and Hackett Associates are pointing to a healthy holiday season based on positive cargo projections in the fall.

August POLB imports, which are primarily comprised of consumer goods, came in at 267,198 TEU, down 14.2 percent. This was down compared to July’s 290,314 and June’s 271,113 TEU and May’s 275,100 TEU. POLB Exports, which are primarily comprised of raw materials, were down 3.8 percent at 121,277 TEU, which was behind July’s 126,968 TEU, June’s 126,588 TEU, and May’s 130,161 TEU. Empties—at 147,454 TEU—were down 15.1 percent annually.

Total POLB shipments for August were 535,929 TEU, down 12.3 percent year-over-year. This was behind July’s 572,926. For the fiscal year-to-date, POLB shipments are at 5,771,665, a 7.7 percent increase over 2010.

 

 

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

Lyon, France-based Norbert Dentressangle, a $5.5 billion global third-party logistics (3PL) services provider focused on global logistics, transport, ocean, and air services, said today it has acquired Des Moines, Iowa-based Jacobson Companies, a value-added warehousing (VAW) company, for $750 million from private equity firm Oak Hill Capital Partners.

Download the newly released research report, "Transportation Management Systems" conducted by Peerless Research Group (PRG) on behalf of Supply Chain Management Review and Logistics Management magazines. Learn what logistic experts are saying about their current supply chain technology infrastructures, how they tackle the transportation component, and revealed the gaps that still need to be filled in order to attain end to-end visibility of a streamlined supply chain.

From cost center to growth center. Get insightful opinions on changes in the marketplace from this independent survey of warehouse personnel. Motorola Solutions examined the current warehousing marketplace in our 2013 Warehouse Vision Report, conducted April-May of 2013.

Even though not all publicly-traded less-than-truckload carriers (LTL) have posted second quarter earnings yet, the early consensus for those that have issued results is looking very good.

The advance estimate for second quarter GDP at 4.0 percent could serve as a sign of a steadier and improving economy.

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