16.2 C
Thursday, July 2, 2020
Home Port News Port of L.A. reports the best-ever September

Port of L.A. reports the best-ever September

Port Reports Its Best-Ever September Container Volumes

SAN PEDRO, Calif. – The Port of Los Angeles processed 801,264 Twenty-Foot Equivalent Units (TEUs) in September 2018, a 4.9 percent increase compared to September 2017. It was the strongest September in the Port’s 111-year history.

“Volumes remain strong with shippers importing holiday season inventories and manufacturers bringing supplies and materials in advance of additional cost impacts from tariffs,” said Port of Los Angeles Executive Director Gene Seroka. “Our robust numbers are a reflection of the confidence cargo owners have in our efficiency, regional warehousing options, and speed-to-market capabilities. As we enter the final quarter of 2018, we continue to partner with stakeholders on an array of projects to enhance our infrastructure and operations.”

September 2018 imports increased 6.6 percent to 414,281 TEUs compared to the previous year. Exports increased 14.5 percent to 147,000 TEUs, while empty containers fell 2.7 percent to 239,983 TEUs. Combined, September overall volumes were 801,264 TEUs.

Nine months into 2018, overall volumes have decreased 1.75 percent to 6.8 million TEUs compared to 2017 when the Port set an all-time cargo record.

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

China-Europe rail freight boosted by pandemic

China-Europe freight trains saw their busiest month to date, with 976 trains launched in April, a 47% year-on-year increase, increasing in popularity as the...

Valencia to build a new container terminal in the next 10 years

Valencia Port Authority (PAV) has announced the construction of a new container terminal in the northern expansion by 2030, which is expected to increase...

Fuel demand slow recovery wakes bunker market

Fuel demand around the world is recovering as lockdowns ease, according to MABUX with the World Bunker Index showing an uptrend in June for...

New Zealand government funds new inland port project

The government of New Zealand has announced the financial support to bring forward the development of a new 120,000m2 inland port south of Napier,...

Triple-E’s are critical values for cargo integrity

It is seven years since the first Triple-E vessel was delivered by Daewoo Shipbuilding. The Maersk McKinney Møller was handed over by the South...