Port of LA posts big outbound numbers

Imports also increased 2.3 percent compared to the previous year.
By Patrick Burnson, Executive Editor
January 17, 2012 - LM Editorial

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

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

Transportation stakeholders reliant on North Carolina’s major seaports are welcoming news this week, which outlines plans to enhance the intermodal and cold chain network in the region.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 56.9 in February, which was 0.2 percent ahead of January and also 0.1 percent ahead of the 12-month average of 56.8. Economic activity in the non-manufacturing sector has grown for the last 61 months, according to ISM.

Non asset-based third-party logistics (3PL) services and logistics technology services provider Transplace said today that Brooks Bentz has joined the company in a newly-created role as president of Transplace Consulting in conjunction with the launch of the company’s new North American consulting services practice.

The advent of e-commerce continues to grow and gain increased traction over time. The many ways for consumers to order and purchase goods online continues to expand and leads to various subsequent byproducts of online purchases, including shopping through multiple channels, and delivery and payment options, among other things. These types of topics serve as the thesis in the second annual UPS Pulse of the Online Shopper Global Study issued this week by UPS and comScore Inc.

A major highlight of CEVA’s fourth quarter performance was its new business wins, which were up 14 percent for all of 2014, with Freight Management wins up 14 percent, and Ocean Freight and Air Freight wins up 30 percent and 14 percent, respectively, while Contract Logistics wins were up 2 percent.

Article Topics

News · Ocean Freight · Ocean Cargo · Exports · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

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