Port of Los Angeles volumes rebound

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

Port of Los Angeles volumes rebound

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

Port of Los Angeles volumes rebound

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

 
The Port of Los Angeles saw volumes of containerized cargo climb 4.6 percent year-over-year to 833,568 TEUs in July, according to the latest data from the Southern California port.
    Throughput of loaded import containers grew 5.1 percent to 438,165 TEUs for the month, while loaded export volumes jumped 8.4 percent to 167,992 TEUs compared with July 2017. Empty container volumes were also on the rise, ticking up 1.1 percent to 227,411 TEUs.
    The July growth set a new record for the month and represented the fourth-highest monthly throughput in port history, but followed on the heels of four consecutive year-over-year declines.
    Volumes at the Port of L.A. have now fallen in five of the first seven months of 2018, leaving them down 2.6 percent from the same 2017 period at 5.14 million TEUs.
    “With a robust economy and cargo owners moving goods ahead of expected tariffs, our terminal operators, labor force and supply chain partners seamlessly moved a record amount of cargo across our docks,” Port of Los Angeles Executive Director Gene Seroka said of the July figures. “That speaks to the efficiency, speed, reliability and service that are the hallmarks of the Port of Los Angeles.”

We've become so commoditized that we have to find a way to differentiate. I think technology is one of those things.

Yang Ming Marine Transport Corp. posted revenues of NTD 35.08 billion (U.S. $1.14 billion) for Q1 2019, up 13% year-over-year, while fellow Taiwanese shipping company Evergreen Marine Corp. posted revenues of NTD 45.70 billion for Q1 2019, up 24% year-over-year.

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Port of Los Angeles volumes rebound

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

Aug 16, 2018 on Dec 27, 2018AmericanShipper.com

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Port of Los Angeles volumes rebound

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

Aug 16, 2018 on Dec 27, 2018AmericanShipper.com