Second-busiest January in port’s history
SAN PEDRO, Calif. - The Port of Los Angeles handled 808,728 Twenty-Foot Equivalent Units (TEUs) in January 2018, the second-busiest January in the port’s history behind last January’s record of 826,640 TEUs. While a slight decrease compared to last January’s record, it’s significantly higher than the port’s most recent 5-year January average of 683,003 TEUs.
Strong January volumes are due in part to retail stores replenishing inventories after the holidays, and cargo ships calling ahead of the Lunar New Year, when goods from Asia slow down considerably.
January 2018 imports increased 1.8 percent to 422,831 TEUs compared to the previous year. Exports decreased 7.6 percent to 150,035 TEUs while empty containers decreased 5.2 percent to 235,861 TEUs. Combined, January overall volumes were 808,728 TEUs, a 2.2 percent decrease compared to last year.
January |
2018
|
2017
|
Change
|
Percent Change
|
Loaded Inbound | 422,831.95 | 415,422.70 | 7,409.25 | 1.78% |
Loaded Outbound | 150,035.25 | 162,420.00 | (12,384.75) | -7.63% |
Total Loaded | 572,867.20 | 577,842.70 | (4,975.50) | -0.86% |
Total Empty | 235,861.30 | 248,796.85 | (12,935.55) | -5.20% |
Total | 808,728.50 | 826,639.55 | (17,911.05) | -2.17% |
Calendar Year 2018 (to date) |
808,728.50 | 826,639.55 | (17,911.05) | -2.17% |
Fiscal Year 2018 | 5,669,372.95 | 5,549,846.45 | 119,526.50 | 2.15% |