LOS ANGELES: The Port of Los Angeles reversed two months of declining traffic to post a 3.8 percent increase in cargo for August from a year ago.
The port handled a total of 786,677 20-foot equivalent units (TEUs) in August, the strongest August performance since 2006, when 790,726 TEUs moved through the port complex. The port’s cargo traffic fell 2.5 percent in July and 2 percent in June.
Imports through the Port of Los Angeles grew 6.3 percent from a year ago to 407,804 TEUs, while exports plunged 14 percent to 143,936 TEUs.
For the first eight months of 2015, overall volumes are down 2.5 percent from the same period last year to 5.4 million TEUs.
Last week, the Port of Long Beach said its overall cargo volume jumped 22.8 percent in August, breaking an all-time record for cargo volume in its 104-year history.
Shipping activity at Port Qasim on February 11
KARACHI: Three ships namely, Glen Canyon, Al-Salam- II and TSM Pollux carrying Containers, Gas oil and Palm oil were arranged...
