Subscribe to our free, weekly email newsletter!


Port of Los Angeles and Port of Long Beach have mixed results in March

By Jeff Berman, Group News Editor
April 15, 2011

Following a strong February, March volumes at the Port of Los Angeles and the Port of Long Beach were mixed.

POLB imports, which are primarily comprised of consumer goods, hit 191,211 (Twenty-foot Equivalent Units) in March, which was down 7.5 percent annually. It was also down sequentially when compared to February’s 233,660 TEU and January’s 242,445 TEU. POLB Exports, which are primarily comprised of raw materials, were up 1.0 percent at 131,761 and were up compared to February’s 121,929 TEU and January’s 127,546 TEU.

Total POLB shipments for March—at 412,235 TEU—were down 2.5 percent compared to a year ago.

POLB officials were not available for comment about March volumes at press time.

POLA imports—at 297,023 TEU—were up 10.16 percent annually and ahead of February’s 275,887 TEU and below January’s 338,606 TEU. Exports—at 192,849—were up 19.18 percent, well ahead of February’s 150,357 TEU and January’s 159,050.

“Exports were particularly strong, up 19 percent over last March,” said POLA Director of Communications Phillip Sanfield. “In fact, March was our single biggest export month in Port history, with 192,000 TEUs exported. Many factors go into the rise in exports, including the value of the dollar. We’ve been focusing on our international trade program to reach out to exporters around Southern California, helping them learn to navigate the export business.”

Total POLA shipments for March—at 600,796 TEU—were up 9.91 percent year-over-year.

Last month, Sanfield said there were questions, regarding how the next few months will play out in terms of volume growth, given how oil and gas prices could impact consumer spending and how the Japan earthquake may impact global trade. He noted that single-digit growth in the coming months would be solid, given the strong beginning to the year to date.

“Overall, we are seeing the effects of a new terminal, California United Terminals, which started operating here at the Port of Los Angeles late last year (It moved over from Port of Long Beach),” said Sanfield. “We think these strong numbers are representative of the infrastructure improvements we’ve been making here in recent years. Those improvements are paying off in terms of more cargo, increased efficiency and responsible growth.”

For related articles, please click here.

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

Ahead of its third quarter earnings call this Friday, freight transportation and logistics titan UPS rolled out rate increases for 2015 that are set to take effect on December 29, 2014.

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Of special interest to readers of Logistics Management will be “Americas Update,” which will look into the future of the market in the Americas and assess how firms will be able to favorably position themselves to compete and win market share.

After 20 years, two congressional mandates and countless lawsuits and lobbying efforts, safety advocates and the Teamsters union still say there are too many inexperienced rookie truck drivers hitting the road without sufficient behind-the-wheel training.

Congested U.S. port terminals, harbor and over-the-road truck and driver shortages, slower trains and longer rail terminal dwell times due to increased domestic rates have not only disrupted service but also driven intermodal rates and cargo handling costs up sharply.

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