On Thursday, August 10th, the Port of Los Angeles announced that July container volumes had climbed by 16 percent compared to July 2016. In total, 796,804 Twenty-Foot Equivalent Units (TEUs) came through the nation’s busiest port complex—marking the busiest July in the port’s 100-year history and coming on the heels of a previous announcement recognizing the port for setting a 12-month shipping record for a Western Hemisphere port during the recent fiscal year.
Experts are predicting another record setting year in 2017, with container volumes 9.5 percent ahead of 2016, when the Port of Los Angeles handled a record-breaking 8.8 million TEUs. Through July, total 2017 cargo volumes are 5,279,352 TEUs.
In response to the record breaking announcement, Gene Seroka, Executive Director of the Port of Los Angeles, stated that “as we strive to maintain our competitive edge with these record volumes, it’s important to acknowledge the Pacific Maritime Association and the good men and women of the International Longshore and Warehouse Union who just extended their contract with terminal operators until 2022. The certainty that comes from this decision builds further long-term confidence in our supply chain as we continue to focus on superior infrastructure, innovative leadership and extraordinary customer service.”
For any questions, please send an email to Deringer’s Marketing Department. Current and historical data for the Port of Los Angeles is available here.
