Subscribe to our free, weekly email newsletter!


POLA and POLB report mixed volumes in May

By Jeff Berman, Group News Editor
June 15, 2012

May volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) were mixed, according to data released by the ports.

POLB imports, which are primarily comprised of consumer goods, came in at 249,937 TEU (Twenty-foot Equivalent Units) in May for a 9.15 percent year-over-year decrease. Exports, which are primarily comprised of raw materials, were down 0.83 percent to 129,083 TEU. Empties were down 9.55 percent at 118,872 TEU, and total TEU for May at 497,892 were down 7.23 percent. Through the first five months of the year, volumes are down 6.09 percent annually at 2,266,406 TEU.

POLB officials said that May’s declining numbers were partly due to the elimination of several niche service strings that had called at the Port last year, but they were optimistic about the coming months.

“As we enter the cargo peak season in the latter summer months, some business is returning to the Port, however,” they said. “Three new strings of vessels from Asia began calling on Long Beach in late May. Combined, the three services are expected to add as much as 500,000 TEUs through the remainder of the calendar year.”

May volumes at the Port of Los Angeles were up 5.54 percent at 731,352, which marks the highest output ever recorded for May volumes at the port, topping May 2006’s 695,953 TEU. What’s more, this comes on the heels of the single best April the port ever had at 707,182 TEU. Imports were up 2.7 percent at 370,721, and exports were up 0.45 percent at 185,107 TEU. Total loaded containers were at 555,829 TEU for a 1.94 percent gain and empties were up 18.85 percent at 175,523. On a year-to-date basis, total TEU at 3,313,355 are up 5.98 percent.

“It was a good month, considering the last time we cracked 731,000 TEU was August 2010, which was Peak Season time,” said POLA Director of Communications Philip Sanfield. “Historically, this is the type of number we usually see around the Peak Season time of year. To see it in May is a bit of a surprise and also encouraging. Things are holding steady for both imports and exports, it seems. Our overall numbers staying relatively strong, because we have more balance on the exports right now.”

And like POLA, POLB is confident about its growth prospects for the rest of the year, which are supported by the recent edition of the Port Tracker report by the National Retail Federation and Hackett Associates, which is calling for a traditional Peak Season, something which has been absent in recent years because of the recession and subsequent slow recovery.

Sanfield said POLA is cautiously optimistic about consumer confidence, which lend credence to Peak Season possibilities and is supported by current POLA data.

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

Largely feeling the effects of the recently resolved West Coast ports labor disruption, railroad and intermodal volumes in February were down annually, according to data released by the Association of American Railroads (AAR) this week.

The year 2015 marks a major milestone for the industry, MHI is celebrating its 70th anniversary at ProMat 2015, held March 23-26, 2015.

While the Federal Motor Carrier Safety Administration has made strides in regards to better oversight of motor carriers through its Compliance, Safety, Accountability (CSA) and chameleon vetting safety programs, there is room for improvement for it to improve its oversight to better target high-risk carriers. That was the thesis of a report released this week by the United States General Accountability Office

With an eye on capitalizing on future trade and commerce growth in South Asia, express delivery and logistics services provider DHL today rolled out its plans to build an $85 million EUR ($93 million USD) DHL Express South Asia Hub, which will be a 24-hour express hub facility within the Changi Airfreight Center at the Singapore Changi Airport.

While the Federal Railroad Administration (FRA) has long stated its goal of having Positive Train Control (PTC) technology installed on 40 percent of its network by December 31, 2015, railroad industry stakeholders have repeatedly stated that reaching that deadline would be a stretch. It now appears that the railroad sector has some members of Congress sharing the same line of thought with legislation rolled out this week that pledges to extend the PTC deadline to 2020.

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA