Port of Los Angeles Executive Director Gene Seroka: “Fewer canceled sailings and 11 additional ‘ad hoc’ or unscheduled ship calls helped drive both imports and exports higher than recent months.”
The Port of Los Angeles relocated 779,903 Twenty-Foot Equivalent Units (TEUs) in September, a 2.7% decline contrasted to 2018’s record-breakingSeptember
“The ill-advised U.S.-China trade war continues to wreak havoc on American exporters and manufacturers,” stated Port ofLos Angeles Executive Director Gene Seroka “We’ve seen declining exports for 11 consecutive months while our fastest growing market segment is exporting empty containers back to Asia. It’s likely we’ll see softer volumes in the fourth quarter. We must have a negotiated settlement of the trade war as it is beginning to impact the more than 3 million jobs in the U.S. that are tied to this port complex.”
September 2019 imports reduced 2.9% to 402,320 TEUs contrasted to the previous year. Exports reduced 11% to 130,769 TEUs, the 11th successive regular monthly decrease of exports. Empty containers raised 2.9% to 246,814 TEUs. Combined, September quantities were 779,903 TEUs.
