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            october 21, 2017

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Indiaexportnews.com

LA and Long Beach ports enjoy excellent May results as economy recovers

  16.06.2017    

The ports of Los Angeles and Long Beach posted one of their best Mays ever as imports increased to record levels.
LA May volumes were up 3.4 per cent annually at 796,216 TEU with first five-month throughput up 8.5 per cent at 3,751,516 TEU, according to Shipping Gazette.
Imports were up 3.1 per cent to 413,021 TEU, and exports headed up 4.4 per cent to 169,639 TEU. Empties gained 3.1 per cent year on year.
"We continue to see balanced year-over-year growth both on the import and export side of our operations," said LA port executive director Gene Seroka.
"With nearly one million jobs-one in nine jobs in the region-tied to San Pedro Bay port complex operations, we continue to focus on supply chain efficiency, optimisation and sustainability."
Long Beach volumes were up 1.2 per cent year on year to 648,287 TEU, topping May 2016 as the second highest May in the port's history.
Imports were up 1.8 per cent at 336,594 TEU, and exports were down 14.2 per cent to 118,786 TEU. Empties were up 1.2 per cent to 192,908, with the port having its best month since September 2015.
"Last May was a great month, so we're encouraged that we did even better this year," said Long Beach port executive director Mario Cordero.
"Our strong belief is that if we continue to build the most modern facilities of any port in the United States and provide the best service, the customers will come," said Mr Cordero.
Year to date, Long Beach volumes were up 4.1 per cent at 2,792,681 TEU.



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