FOR THIRD CONSECUTIVE MONTH, PORT OF LOS ANGELES MOVES MORE THAN 800,000 TEUs
Port Reports Its Best-Ever September Container Volumes
SAN PEDRO, Calif. – October 15, 2018 – 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.
The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovatively strategic and sustainable operations that benefit Southern California’s economy and quality of life. North America’s leading seaport by container volume and cargo value, the Port of Los Angeles facilitated $284 billion in trade during 2017. San Pedro Bay port complex operations and commerce facilitate one in nine jobs in the five-county Southern California region.