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Wednesday 18th July 2018, 16:07 Melbourne

Two years of record-breaking at Port of Los Angeles

The port has surpassed the 9.1m TEU mark, marking 24 months of increased container throughput

Two years of record-breaking at Port of Los Angeles

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The Port of Los Angeles processed 723,141 Twenty-Foot Equivalent Units (TEUs) in the month of June. This marked a 1.1 per cent decrease from June the previous year, but marks the second fiscal year (1 April to 30 June) that the port has surpassed its 9.1m TEU mark.

“We closed our fiscal year on June 30th with 9,169,779 million TEUs,” said Port of Los Angeles executive director, Gene Seroka.

“Looking forward, a continued shuffling of alliance services in the San Pedro Bay, coupled with potential impacts from recently imposed tariffs, provide a level of uncertainty and potentially softened trade flows through our port during the second half of 2018,” he said.

Imports in June increased 2.9 per cent compared to the previous year, and exports also increased 1.4 per cent, while empty containers fell 9.7 per cent.

In the first six months of 2017 the port set an all-time cargo record, which is still yet to be beat, with the first six months of 2018 delivering a 3.9 per cent decrease.

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