Port of Los Angeles sees 16 percent increase in cargo volumes in October 2016
Nov 15, 2016: Port of Los Angeles witnessed the busiest month ever in October, according to data collected by the American Association of Port Authorities. It saw nearly 16 percent increase in cargo volumes in October compared to the same period last year, marking the busiest month ever at a Western Hemisphere container port. Total […]
Nov 15, 2016: Port of Los Angeles witnessed the busiest month ever in October, according to data collected by the American Association of Port Authorities.
It saw nearly 16 percent increase in cargo volumes in October compared to the same period last year, marking the busiest month ever at a Western Hemisphere container port.
Total volumes registered at 814,574 Twenty-Foot Equivalents (TEUs), eclipsing the previous record of 800,063 TEUs at the Port of Los Angeles in October 2006. Along with 18.3 percent surge in empty containers, overall October container volumes were 814,574 TEUs.
October imports increased 16.4 percent to 417,311 TEUs. Exports jumped 23.3 percent to 166,406 TEUs.
“It’s encouraging to see that when cargo surges, we have the infrastructure, equipment and human capital to keep the boxes moving,” said Gene Seroka, executive director, Port of Los Angeles.
With total cargo volumes through the first 10 months of 2016 at 7,182,682 TEUs, it represents an increase of 5.25 percent compared to the same period in 2015.
