Port Of Los Angeles May Container Volumes Break Another Record
The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent compared to last May. For the first five months of 2019, Port volumes have increased 5.2 percent compared to the same period last year.
“I’m extremely pleased with another record month of throughput and grateful to our supply chain stakeholders, terminal operators and unparalleled labor force for their performance,” said Port of Los Angeles Executive Director Gene Seroka. “As we prepare for our traditional peak shipping season in the months ahead, we’re closely monitoring global trade tensions that have created heightened unpredictability.”
May 2019 imports increased 5.5 percent to 427,789 TEUs compared to last May. Exports decreased 0.8 percent to 167,357 TEUs. Empty containers increased 20 percent to 233,515 TEUs.
Previously, the strongest May volumes at the Port occurred in 2017 with 796,217 TEUs.
Reference: portoflosangeles.org
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Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
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