Port of LA reports robust container throughput

Perhaps just as significantly, a record number of exports lead the way
By Patrick Burnson, Executive Editor
January 13, 2011 - LM Editorial

The recession may be just a dark memory for the Port of Los Angeles, which is reporting a year-over-year container surge of 16 percent in 2010.

Perhaps just as significantly, a record number of exports lead the way.

“We have clearly turned the corner,” said port spokesman, Phillip Sanfield. “Throughput figures are up to pre-recession years, and we hope that a recovery of the global economy will sustain this growth.

Port exports rose 10.3 percent in 2010 to 1,841,274 twenty-foot equivalent units (TEUs) compared to 1,668,911 in 2009 and surpassed the previous container export record of 1,782,502 TEUs in 2008.  Meanwhile, imports increased 12.8 percent in 2010 (3,973,933 TEUs) compared to 2009 (3,524,386 TEUs).

“The 2010 volume gains far surpass our initial estimates, and we’ve been able to facilitate some export opportunities in the past year through our TradeConnect initiative,” said Geraldine Knatz, the port’s executive director.

The port handled a total of 7,831,902 in 2010 and remains the nation’s busiest trade gateway in terms of container volume.  In December, the total number of TEUs imported and exported through the Port of Los Angeles was 612,651, an 8.82 percent increase over the 562,989 TEUs handled in December 2009. Loaded container exports were up 5.6 percent at 299,304 TEUs compared to 283,364 TEUs in December 2009.

The neighboring Port of Long Beach is expecting to issue an equally robust report next week.

“The numbers are in,” said spokesman, Art Wong, “and we expect to see a big gain in volume.

As to what part exports will play in that scenario remains a question, but the Port of Los Angeles is championing that angle in a big way.

“We not only have the port resources to help increase export trade, we have a coalition of regional business and civic leaders focused on facilitating the growing dialogue on exports – identifying ways to help businesses here and elsewhere increase their export activity,” said Tracy Rafter, Chief Executive Officer of the Los Angeles County Business Federation (BizFed). 

BizFed has facilitated business forums in L.A. and Long Beach to hear from local companies and will report findings to the President’s Export Council (PEC) through BizFed member Gene Hale, who chairs the PEC’s Small & Medium-Size Business Engagement Subcommittee.



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

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.

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 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA