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Thursday, August 18, 2005

Port of Los Angeles: Imports Up 5% over June

by Calculated Risk on 8/18/2005 12:46:00 AM

The Port of Los Angeles released their July statistics today. Inbound (loaded containers) was 352 thousand compared to 334 thousand in June - an increase of 5%.

Outbound volume was 97.5 thousand loaded containers vs. 96.6 thousand for June. This is an 1% increase from June.

Port of Long Beach traffic indicated a slight decline in imports for July. Looking at both numbers, I expect imports from China to be flat or off slightly from June to July.

NOTE: The OffPeak initiative (adds late night hours to port operations) started on July 23rd to handle the expected heavier late summer / fall imports.