The Port of Los Angeles recorded its busiest first quarter in its 109-year history, with overall volumes jumping 11.3 percent from a year ago, despite a drop in March.
The port, the largest U.S. container port, handled 2.03 million 20-foot equivalent units during the first three months of the year.
However, March volumes fell 22.6 percent from a year ago to 612,863 units. The port said in March last year, volumes surged after congestion issues were resolved.
Imports in March decreased 33.3 percent to 287,231 units, while exports rose 9.5 percent to 159,362 units. Empty container traffic dropped 22.8 percent to 166,269 units.
Port of Los Angeles Vincent Thomas Bridge BIG
“Our first quarter growth is significant and encouraging,” said Port of Los Angeles Executive Director Gene Seroka. “The feedback we are receiving from cargo owners and exporters is that the port is delivering on speed, efficiency, cost and service. Our terminal operators and supply chain partners are working with us to continuously improve and optimize operations.”
The two largest container vessels currently calling North America, the CMA CGM Benjamin Franklin and the Maersk Edmonton, are scheduled to return to the Port of Los Angeles concurrently next week as the port continues to handle megaships and move larger container volumes per ship call.