Port of Los Angeles container volumes slip 2.3% in August

The Port of Los Angeles has released its August 2012 cargo volumes. Overall volumes decreased 2.3% compared to August 2011.

Imports decreased 4.1%, from 376,189 TEU in August 2011 to 360,762 TEU this August. Exports decreased 10.5%, from 184,231 TEU in August 2011 to 164,819 TEU in August 2012.

Combined, total loaded imports and exports for August decreased 6.2%, from 560,421 TEUs last August to 525,581 TEU in August 2012. Factoring in empties, which decreased 11.2% year over year, overall August 2012 volumes (706,669) decreased 2.3% compared to August 2011 (723,170 TEU).

For the first seven months of 2012, overall container volumes have increased 5.1% (5,443,248 TEU) compared to the same period in 2011 (5,178,723 TEU).  < Korea Shipping Gazette >