Monday, June 20, 2005

Port of Los Angeles: Less traffic in May

The Port of Los Angeles released their May statistics today. Inbound (loaded containers) was 313 thousand compared to 329 thousand in April - a decline of 5%.

Outbound volume was 105 thousand loaded containers vs. 107 thousand for April. This is similar to the 1% decline for the Port of Long Beach.

Port of Long Beach statistics correlate better with imports from China, but I can't overlook the weak imports for the Port of LA.