Port of Los Angeles Volumes Surge


The Port of Los Angeles has handled more than 700,000 TEU throughout February, 2016, which is an increase of 42%, as imports grew by 46.6% to more than 372,000 TEU and exports increased by 11.1% to more than 146,000 in comparison to 2015.

Total loaded imports increased to more than 519,000, which is a 34.5% compared to 2015.

Empty containers increased 66.7% to more than 194,000 TEU when compared to the previous year.

Watch: The Port of LA – The Future of Ports

February volumes were sustained in part by US importers bringing in products from Asia ahead of the Lunar New Year, which began on February 8, 2016 and slowed production for several weeks in China.

The surge in February deliveries may result in softer import volumes in March.

The relatively high value of the US dollar continues to slow US exports due to their relative higher costs abroad.

Gene Seroka, Executive Director of Port of LA, said: “Back to back record months to start 2016 indicate consumer confidence in the US economy and strong shipper confidence in our terminal and supply chain partners to deliver on speed and efficiency.”

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