
Cargo Volumes at Port of Los Angeles Fall in 2019 Amid Trade War Uncertainty
SUBMIT IMAGE: Shipping containers are imagined at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, UNITED STATE, January 30, 2019. REUTERS/Mike Blake/File Photo
Cargo quantities at the United States’ busiest port struck near-record degrees, regardless of remaining stress from the united state-China profession battle.
Executive Director at the Port of Los Angeles revealed Thursday that the port relocated an overall of 9,337,632 TEUs in fiscal year 2019, simply reluctant of the port’s second-busiest year (2017) in its 113-year background and also 1.28% off 2018’s record-setting quantities.
The near-record quantities come regardless of a greater than year-over-year 17% decrease in complete TEUs in December 2019, a 12% decrease off in November, and also 18% decrease off in October.
Seroka condemned delaying exports for the decrease in general freight quantities. Overall, 2019 exports were up a 3.7% to 4,473,788 TEUs year-over-year, however still down a moderate 0.4% from 2017’s optimal of 4,491,644 exported TEUs.
“In the face of lagging exports due to international trade tensions and tariff uncertainties, the Port of Los Angeles has maintained strong momentum and kept cargo flowing,” Seroka stated. “This feat was only possible because of the extensive cooperation and continued efficiency improvements by our terminal operators, supply chain partners and longshore workforce.”
In his speech prior to at the yearly State of the Port occasion organized by the Pacific Merchant Shipping Association on Thursday, Seroka described a variety of Port campaigns that will certainly form in 2020 and also past, consisting of campaigns for incurable performance, electronic management and also labor force advancement.
“It’s time for the courage and long-range vision to imagine what this Port will look like in the years ahead and set a course in that direction,” Seroka stated. “It’s going to take collaboration to keep cargo volumes strong and our Port community thriving in the midst of increasing competition, an uncertain trade environment and a world where technology is essential to success.”
Seroka likewise stated 2020 as a vital year for recurring execution of the port’s Clean Air Action Plan, in addition to the its ongoing search of zero-emission innovation to more improve discharge decreases attained over the last years. Currently the Port is screening 78 zero-emission drayage vehicles and also 74 zero-emission lawn tractors, and also collaborating with Port companions to check 8 brand-new zero-emission leading trainers in the coming year. On faucet for 2020 will certainly be added demo tasks, consisting of a brand-new large zero-emission drayage vehicle task evaluating a fleet of 50-100 zero-emission vehicles, Seroka stated.