The Port of Los Angeles has announced that container volumes dropped 22.7 per cent in January when compared to the same month of 2014, with the port impacted by terminal congestion, protracted contract negotiations and other supply chain issues affecting West Coast ports.
January 2015 cargo volumes totaled 529,427 Twenty-Foot Equivalent Units (TEUs) compared to 685,549 TEUs in the same month last year.
“The numbers aren’t a surprise to us, and last week’s announcement of a tentative labor agreement between the International Longshore Warehouse Union and the Pacific Maritime Association is a major step forward in terms of getting our cargo volumes back on track,” said Port of Los Angeles executive director Gene Seroka. “We’re working with our stakeholders to develop short-term solutions that resolve our present cargo backlog, in addition to longer-term solutions that focus on achieving higher levels of operational efficiency -- especially in terms of servicing the larger ships deployed through carrier alliances.”
Imports dropped 28 per cent, from 360,036 TEUs in January 2014 to 259,206 TEUs in January 2015, while exports declined23 per cent, from 161,938 TEUs to 124,365 TEUs.
Combined, total loaded imports and exports fell 26.5 per cent, from 521,975 TEUs to 383,571 TEUs in January 2015.
Factoring in empties, which fell 10.8 per cent, overall January 2015 volumes (529,427 TEUs) declined 22.7 per cent.
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