Port of Los Angeles Posts Busiest May Ever; Long Beach also Gains
The Port of Los Angeles posted its busiest May ever, while container cargo at the Port of Long Beach also improved in May. Both ports are recovering following last year’s labor problems.
Cargo volumes at the Port of Los Angeles increased nearly 11 percent in May compared to the same period last year, marking the busiest May in the Port’s 109-year history. Total volumes registered at 770,409 twenty-foot equivalents (TEUs), with container growth of 8.7 percent for the first five months of 2016 compared to last year.
“The strong growth both on the import and export side is encouraging as we continue to explore ways to improve supply chain efficiencies,” said Executive Director Gene Seroka. “The unwavering efforts of our supply chain partners, including organized labor, has had a significant impact on our success.”
May loaded imports increased 15 percent to 400,765 TEUs. Loaded exports rose 6.3 percent to 162,487 TEUs. Along with a 7.1 percent rise in empty containers, overall May container volumes were 770,409 TEUs.
Read more here.