Business At The Port Of LA Continues Its Record-Breaking Growth

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Money for Port of Los Angeles

The Port of Los Angeles announced Tuesday that it continues to be on a record-breaking pace in 2017, despite a drop-off in October.

Volumes Are Up 6.4%

The 748,762 twenty-foot equivalent units moved through the Port of Los Angeles last month was an 8.1 percent decrease compared to last year’s record- breaking October, when it handled additional cargo after the Hanjin bankruptcy during the last quarter of 2016.

Despite that dropoff, port officials said volumes are up 6.4 percent this year compared to the same point during 2016’s record-breaking 8.8 million TEUs. The numbers put the port on track to be the first-ever port in the Western Hemisphere to move 9 million TEUs in a year.

On Track To Be World Record-Breaking

“In October, the good men and women of the ILWU (International Longshore and Warehouse Union) moved 24,308 TEUs off and back on the Maersk Evora at APM Terminals in Los Angeles, which is believed to be a world record for a single vessel port call,” Port Executive Director Gene Seroka said. “It’s that kind of efficiency and productivity that our supply chain partners have come to expect and deserve.”

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Business At The Port Of LA Continues Its Record-Breaking Growth
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Business At The Port Of LA Continues Its Record-Breaking Growth
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The Port of Los Angeles announced Tuesday that it continues to be on a record-breaking pace in 2017, despite a drop-off in October.
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