-2.6 C
Monday, December 4, 2023
Home Port News Container imports and exports on rise in Los Angeles

Container imports and exports on rise in Los Angeles

Port of Los Angeles (POLA) marked a year-over-year increase for a third consecutive month in October, handling 725,775 TEUs, translating to a 7% growth compared to the same month last year.

In particular, loaded imports landed at 372,455 TEUs in the previous month, an increase of 11% compared to the previous year's October. Moreover, loaded exports reached 121,277 TEUs, a significant growth of 35% compared to October 2022. At the same time, empty containers totalled 232,043 TEUs, representing an 8% decline year-over-year. 

In the first ten months of 2023, the Californian port has processed 7,123,900 TEUs, translating to a year-over-year 16.6% decrease.

"Our terminal operators, labor and other stakeholders have worked hard to earn cargo market share back over the last three months," said POLA executive director, Gene Seroka. "Additionally, November is also shaping up to be a strong month as we see a final holiday push and warehouse replenishment."

Latest Posts

Shipping CEOs join forces to accelerate shipping industry decarbonization

The Chief Executive Officers (CEOs) of major global shipping lines have issued a joint declaration at COP 28 calling for an end date for...

Atlas Air receives third MSC Boeing 777 Freighter

Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., has taken delivery of a Boeing 777 Freighter, which it will operate on...

Xeneta expects “even more brutal” 2024 for ocean carriers

Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight...

Korea Coast Guard probes “ghost ship” sinking

Mystery surrounds a Chinese cargo ship which sank off the southwestern coast of South Korea.The ship, found 10 metres west of Gageodo island in...

MSC and Ellerman sign slot agreement for Atlantic routes

Ellerman City Liners and MSC have signed an agreement, according to which, Ellerman will utilise a combination of MSC capacity and its own independent...