Subscribe to our free, weekly email newsletter!


Port of Los Angeles and Port of Long Beach volumes are mixed in August

By Jeff Berman, Group News Editor
September 18, 2012

With Peak Season, or at least the semblance of it underway, August volumes at the nation’s two largest ports—the Port of Los Angeles (POLA) and the Port of Long Beach (POLB)—were mixed in August.

POLB imports, which are primarily comprised of consumer goods, at 274,977 TEU (Twenty-foot Equivalent Units) in August were up 2.9 percent year-over-year. This was ahead of July’s 261,233 TEU and behind June’s 280,525 TEU. Exports, which are primarily comprised of raw materials, increased 5.7 percent to 128,225 TEU. This was ahead of July exports at 124,574 TEU and behind June’s 133,649 TEU.

Total August volume at POLB at 545,445 TEU were up 1.4 percent annually. Total POLB volumes are down 4.6 percent on a year-to-date basis, due to economic weakness and cutbacks in ship calls by various niche operators at the end of 2011 and early 2012, said POLB.

POLB officials said that the “modest rise in August points to a slight recovery during peak season and the second half of the year.”

Total August volumes at the Port of Los Angeles dipped 2.3 percent to 706,669 TEU, which is in line with June and July’s 698,847 TEU and 726,375, respectively.
Imports fell 4.1 percent to 376,189 TEU, ahead of June’s 353,930 TEU and behind July’s 371,859 TEU. August exports at 164,819 TEU dipped 10.5 percent annually and were behind June’s 174,418 TEU and July’s 165,581.

POLA total loaded containers (not including empties) were at 560,421 TEU for a 6.2 percent decline. On a year-to-date total TEU at POLA—at 5,443,248—are up 5.11 percent. 

While the August numbers for these ports are close to recent months and are following seasonal trends, the verdict on Peak Season may be too early to tell at this point.

“We expect to see a little bit of a Peak Season, wrapping up in the latter part of August, through September and into early October,” said Ben Hackett, president and maritime and trade consultancy Hackett Associates. “It likely won’t be overly exciting, but it will be there.”

Hackett said the relatively flat POLA and POLB numbers were mostly flat overall.

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

When it comes to the chances of the December 31, 2015 Positive Train Control (PTC) deadline being extended, something which railroads say is badly needed, it appears they need to be prepared to be disappointed. That was the chief takeaway of a statement from Sarah Feinberg, acting administrator of the United States Department of Transportation’s Federal Railroad Administration (FRA).

It’s said that innovation will lead the economy out of its current funk. But how does an organization become a perpetually innovative company? That’s one of the questions Kai Engel and his co-authors at A.T. Kearney set out to answer in their new book Masters Of Innovation.

At $2.843, the average price per gallon was down 1.6 cents, following last week’s 1.1 cent drop and a cumulative 7.1 cent cumulative drop over the last five weeks.

LM Group News Editor Jeff Berman caught up with UPS Freight President Jack Holmes at the National Shippers Strategic Transportation Council’s (NASSTRAC) Annual Conference and Exhibition. Berman and Holmes spoke about various aspects of the less-than-truckload sector (LTL), as well as related freight transportation news and trends.

In the third-party logistics (3PL) sector, the ongoing trend of merger and acquisition (M&A) activity never seems to take a break. That is apparent in recent weeks alone, with XPO Logistics recent acquisition of Norbert Dentressangle for $3.53 billion, Echo Global Logistics scooping up Command Transportation for $420 million, and Kuehne+Nagel buying ReTrans for an undisclosed sum.

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