Port of Los Angeles Container Volumes Increase 8% in May
The Port of Los Angeles has released its May 2014 containerized cargo volumes. In May 2014, overall volumes increased 8.2 percent compared to May 2013. Total cargo for May was 689,141 Twenty-Foot Equivalent Units (TEUs).
Container imports rose 7.75 percent, from 326,114 TEUs in May 2013 to 351,403 TEUs in May 2014. Exports rose 2.3 percent, from 154,904 TEUs in May 2013 to 158,473 TEUs in May 2014.
Combined, total loaded imports and exports increased 6 percent, from 481,019 TEUs in May 2013 to 509,876 TEUs in May 2014. Factoring in empties, which increased 15 percent year over year, overall May 2014 volumes (689,141 TEUs) rose 8.2 percent compared to May 2013 (636,851 TEUs).
For the first five months of calendar year 2014, overall volumes (3,315,788 TEUs) have increased 8.2 percent compared to the same period in 2013