Stephen Fodor
Anchored container ships weigh down Port of LA’s volume
December 17, 2020
November container volume at the Port of Los Angeles was up 22% year-over-year to more than 889,000 twenty-foot equivalent units (TEUs).
That number could have been closer to 990,000, according to Executive Director Gene Seroka.
“It’s worth noting that there were 12 ships at anchor on November 30 awaiting berthing rights here in Los Angeles with an estimated 100,000 TEUs on board. Those vessels were delayed by about two days and thus shifted into our December data,” Seroka reported during a virtual press conference Tuesday.
Seroka said 88 container vessels called the Port of LA in November. There were nine “extra loaders,” added calls because of high demand in Asia, and there were no canceled sailings.
“After 11 months of year-on-year cargo declines, we’ve now stitched together four consecutive months — August through November — of year-on-year growth. During this period, the monthly TEU average was almost 930,000 units, an indicator of the powerful import surge and its duration,” he said.
Seroka said the pattern of heavy warehouse and distribution center inventory replenishment continued in November, and holiday orders still are moving across the docks, later than in years past.
Please contact us for further information or questions – info@tradelogicintl.com
Recent Posts
See AllThe owner of a U.S. based import business faces a maximum penalty of five years in prison, a $250,000 fine, a three-year term of...
To help you keep up to date on topics the impact the U.S. international trade community, be sure to read my latest newsletter and...
Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec....
Comments