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

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 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations.

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