Port of Los Angeles and Port of Long Beach report mixed April volumes

POLA handled 703,536 TEU (Twenty-Foot Equivalent Units) in April, which was down 1.3% annually compared to the 714,755 TEU recorded in April 2017, and POLB POLB April volumes were up 10.8% annually at 618,438 TEU. Imports saw an 8.4% annual gain to 312,376 TEU, and exports increased 22% to 141,799 TEU.

Logistics in the News

Report: Amazon to roll out offerings to take market share from FedEx and UPS
Emerge names Crawford as president
December truck tonnage finishes a strong year in 2018, reports ATA
Despite sluggish December, IANA reports 2018 intermodal volumes post annual gains
FedEx Express announces plans to acquire Israel-based Flying Cargo Group
More Logistics News

Logistics Resource

New White Paper focuses on the ABC’s of Anti-Dumping/Countervailing Duties
While the U.S. government has always prioritized protection of U.S. companies against imports that are sold at below market prices, or unfairly subsidized, the Trump administration clearly intends to raise the bar with regard to trade policy enforcement.
All Resources
By ·

April volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) were mixed, according to data issued by the ports recently.

POLA handled 703,536 TEU (Twenty-Foot Equivalent Units) in April, which was down 1.3% annually compared to the 714,755 TEU recorded in April 2017.

POLA April imports were off 2.9% annually to 361,108 TEU, and exports headed up 4.5% to 164,703 TEU. Empty containers were down 2.9% to 179,724 TEU.

 On a year-to-date basis through April, total POLA volume, at 2,817,189 TEU is down 4.7% compared to the same period a year ago.

 “I’m pleased with the levels of efficiency and productivity we’re witnessing at our terminals,” said Port of Los Angeles Executive Director Gene Seroka in a statement. “We continue to bring technology enhancements like GE Transportation’s Port Optimzer to our customers so that we can continue the unparalleled service that cargo owners need and expect.”

POLB April volumes were up 10.8% annually at 618,438 TEU. Imports saw an 8.4% annual gain to 312,376 TEU, and exports increased 22% to 141,799 TEU. Empty containers were up 7% to 164,264 TEU.

On a year-to-date basis through April, total POLB volumes are up 17.2% to at 2,513,316 TEU. Imports are up 14.8% at 1,247,102 TEU, and exports are up 12.8% at 535,636 TEU.

 “Both imports and exports are beating expectations so far this year,” said Port of Long Beach Executive Director Mario Cordero in a statement. “For us, part of that is the shift of services we saw a year ago, but at least some of our strong growth appears to be a result of trade tensions as anxious shippers rush to get their cargo to overseas markets.”

 The aforementioned trade tensions cited by Cordero has been confirmed by data and analysis from global trade intelligence firm Panjiva.

Over the last several months, Panjiva has stated repeatedly that a recent easing in shipments from China is not directly related to tariffs on shipments from China being implemented but rather to concerns that tariffs ‘might’ be implemented.

 


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!

Latest Whitepaper
Intelligent Vision-based Sortation & Tracking Systems
Download this new "Making the Case" guide to learn how using intelligent, vision-based readers and sensors can capture the information you need to help address both external customer service expectations, and internal marching orders for efficiency.
Download Today!
From the January 2019 Logistics Management Magazine Issue
Seaports on West, East, and Gulf coasts are all poised to compete on one major imperative: investment in transformational technologies.
2019 Rate Outlook: Pressure Builds
Lift Trucks join the connected enterprise
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2019 Rate Outlook: Will this be the year rates skyrocket?
Join Logistics Management's Patrick Burnson as he hosts a panel of fuel, trade and logistics experts who share their insights on rate patterns across all major transport modes to help shippers prepare their freight transportation budget for the coming year.
Register Today!
EDITORS' PICKS
2019 Rate Outlook: Pressure Builds
In 2019, the world economy will enter a third straight year of broad-based growth, but many...
2019 Transportation Management Systems (TMS) Market Update: Keeping pace with the times
The transportation management systems market is growing right along with the number of challenges...

The Logistics News that Shaped 2018
Every year at this time, group news editor Jeff Berman combs through the mountain of news that was...
Land O’Lakes lock in Texas-based capacity
Faced with the challenge of securing capacity in specific lanes, the iconic company broke with...