Port of Los Angeles container volumes slip 6% in April
April 2015 containerized cargo volumes at the Port of Los Angeles decreased 6.1 percent compared to the same period last year. The Port handled a total of 662,973 Twenty-Foot Equivalent Units (TEUs) in April 2015. Comparatively, the previous April was particularly robust as importers advanced inventory due to concerns about labor negotiations later in the year. Additionally, there were vessel alliance uncertainties this April as shipping lines continued to return to their Trans-Pacific rotations.
For the first four months of 2015, overall volumes (2,486,927 TEUs) are down 5.3 percent compared to the same period in 2014. Current and historical data is available here.
Imports dropped 9.9 percent, from 364,126 Twenty-Foot Equivalent Units (TEUs) in April 2014 to 328,140 TEUs in April 2015. Exports declined 15.8 percent, from 172,945 TEUs in April 2014 to 145,655 TEUs in April 2015. Combined, total loaded imports and exports decreased 11.8 percent, from 537,071 TEUs in April 2014 to 473,796 TEUs in April 2015. Factoring in empties, which increased 12 percent, overall April 2015 volumes (662,973 TEUs) dropped 6.1 percent.