Port of LA Ends Fiscal Year with Record Volumes
The Port of Los Angeles closed its 12-month fiscal year with total cargo volumes of 9.2 million TEUs, hitting its new annual record for most container throughput for a Western Hemisphere port.
The volumes fro the 12-month period increased by 9.7 percent, compared to 8.4 million TEU seen in the previous fiscal year ended June 30, 2016.
“As we mark the mid-point of 2017, we are grateful to our terminal operators, shipping lines, labor force and land-side supply chain stakeholders for their focus on teamwork and efficiency, because they are the reason why we attained record-breaking volumes these past 12 months,” Gene Seroka, Executive Director of the Port of Los Angeles, said.
“Despite unprecedented change in our industry, we are demonstrating the LA Advantage in terms of world-class infrastructure, competitive pricing and extraordinary customer service,” Seroka added.
Additionally, the port said that its June volumes increased by 8.1 percent compared to the same period last year, marking the second busiest June in the port’s 110-year history.
June loaded imports increased 4.7 percent to 372,272 TEUs, while loaded exports rose 3.5 percent to 145,527 TEUs. Along with an 18.6 percent rise in empty containers, overall June container volumes were 731,032 TEUs.
Los Angeles said that it is on track to end the 2017 calendar year exceeding last year’s record volumes.
Through June, total 2017 cargo volumes are 4,482,548 TEUs, an increase of 8.4 percent compared to the same period in 2016. Current and past data container counts for the Port of Los Angeles may be found here.