Subscribe to our free, weekly email newsletter!


Port of Los Angeles container volumes increase in October

For the first ten months of 2012, overall container volumes have increased 4.69 percent (6,906,578 TEUs) compared to the same period in 2011 (6,596,933 TEUs).
By Patrick Burnson, Executive Editor
November 19, 2012

The Port of Los Angeles has released its October 2012 cargo volumes. Overall volumes increased .82 percent compared to October 2011.

Imports decreased 1.07 percent, from 368,842 Twenty-Foot Equivalent (TEU) containers in October 2011 to 364,881 TEUs this October. Exports decreased 7.10 percent, from 193,547 TEUs in October 2011 to 179,810 TEUs in October 2012.

Combined, total loaded imports and exports for October decreased 3.15 percent, from 562,390 TEUs last October to 544,692 TEUs in October 2012. Factoring in empties, which increased 15.66 percent year over year, overall October 2012 volumes (718,406) increased .82 percent compared to October 2011 (712,586 TEUs).

For the first ten months of 2012, overall container volumes have increased 4.69 percent (6,906,578 TEUs) compared to the same period in 2011 (6,596,933 TEUs).

POLA Director of Media Relations Philip Sanfield told LM, that San Pedro Bay figures would be better aligned after the Port of Long Beach weighed in with its report.

As noted here, nation’s largest ocean cargo gateway recently announced major new investment in its infrastructure.

The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more than $127 million for two major projects that advance modernization of the marine container terminal operated by longtime tenant, TraPac, Inc. ??With work due to begin in January, the projects are key elements of the Port of Los Angeles’ overall capital improvement program.

The port is investing more than $1.2 billion over five years to remain competitive in the global economy.

About the Author

image
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 .(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

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.

Southern California shippers are getting a break on container dwell expenses for the next ten days as the Port of Long Beach announced that it had added an extra three days to the time that overseas import containers can remain on the docks without charge.

The long-simmering court battle over whether FedEx Ground’s workers are independent contractors or employees appears headed to the appellate courts—and maybe the U.S. Supreme Court.

Carload volume headed up 4.3 percent to 298,376, and intermodal units, at 273,376 containers and trailers were up 4.8 percent annually.

Article Topics

News · Ocean Freight · Ocean Cargo · Trade · All topics

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