The Port of Los Angeles announced that its container volumes increased by 6% in 2014 compared to the previous year, with total volumes reaching 8,340,065 TEU. The port stated that it was the third busiest year in its history, just behind 8.4m TEUs in 2007 and 8.5m TEUs in 2006.
“The 2014 numbers are an encouraging indication that the national economy continues to improve,” said Port Executive Director Gene Seroka. “Beyond that, the second half of the year ushered in a mix of unprecedented challenges due to transformational changes in the shipping line business. We are working hard to help our customers and supply chain partners overcome those challenges and urge them to work together with us to find solutions. Additionally, we join cargo owners and industry stakeholders nationwide in encouraging the International Longshore and Warehouse Union and Pacific Maritime Association to work with urgency and good faith toward a new labour contract.”
In December 2014, overall volumes increased by 1% compared to December 2013. Total cargo for December 2014 was 658,567 TEUs compared to 653,358 TEUs in December 2013. Container imports in December increased by 4.4% year-on-year, to 336,674 TEUs in December 2014. Contrastingly year-on-year exports declined by 12%, to 152,112 TEUs in December 2014.
Combined, total loaded imports and exports fell by 1.2%, from 494,761 TEUs in December 2013 to 488,786 TEUs in December 2014. Factoring in empties, which increased 7% year-over-year, overall December 2014 volumes edged up 1% compared to December 2013.
For more information on volumes at the Port of Los Angeles please visit the Ti Dashboard.
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