Port of LA posts big outbound numbers

Imports also increased 2.3 percent compared to the previous year.

By ·

For the second consecutive year, the Port of Los Angeles experienced record-breaking exports as outbound container volumes surged 14.5 percent in 2011 compared to 2010.

Imports also increased 2.3 percent compared to the previous year. Total annual volumes, including empty containers, rose 1.4 percent.

Zepol Corporation, a leading trade intelligence company reported late last week that U.S. import shipment volume for December, measured in twenty-foot equivalent units (TEUs), decreased 8.2 percent from November.

Meanwhile the port is investing $1.5 billion in capital improvements over the next five years.

“2011 was our second straight year of record exports and it’s an example of how our Port is prepared to handle a shift in global trade patterns,” said Port Executive Director Geraldine Knatz, Ph.D. “We continue to facilitate export opportunities through our nationally-recognized TradeConnect Program while focusing our longer-term strategies on retaining and growing our position as the nation’s busiest container seaport.”

The Port handled a total of 7,940,511 in 2011 compared to 7,831,902 TEUs in 2010. Port exports rose 14.5 percent to 2,109,394 in 2011 compared to 1,841,273 in 2010. Total year-over-year imports increased 2.3 percent to 4,066,763 in 2011 versus 3,973,933 the prior year.

The port ended 2011 on a strong note, with December volumes showing gains in all categories. Exports increased 9.2 percent (176,530 TEUs) compared to the previous December (161,625,000 TEUs). Imports jumped 6.4 percent (318,355 TEUs) compared to December 2010 (299,304 TEUs). Total December volumes, including empties, increased 6 percent to 649,468 TEUs compared to December 2010’s 612,651 TEUs.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

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!

Article Topics

Exports · Ocean Cargo · Ocean Freight · All Topics
Latest Whitepaper
Logistics Network Analysis
Logistics network monitoring is an important step in understanding what actually occurs throughout your supply chain.
Download Today!
From the January 2018 Logistics Management Magazine Issue
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
The Future of Retail Distribution
Navigating the Reverse Supply Chain for Connected Devices
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
IAM, IoT and the Connected Supply Chain
There are three primary models of Identity and Access Management (IAM) technology that CTOs, CSOs, and Supply Chain executives are using to enhance their trading partner communities. While each leverages IAM and the IoT as core components only an “Outside-in” approach truly connects people, systems and things reliably and securely across the supply chain.
Register Today!
EDITORS' PICKS
State of Global Logistics: Delivering above and beyond
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and...
2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward
Trade and transport analysts see rates rising across all modes in accordance with continued...

Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...
2017 NASSTRAC Shipper of the Year: Mallinckrodt; Mastering and managing complexity
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships...