We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Ports continue to rebound from spring lows

Ports continue to rebound from spring lows

Ports of Los Angeles, Virginia post busiest September on record, driven by imports and the rush to stock up for peak holiday shopping season.

Ports continue to see rebound from spring lows
October 16, 2020
DC Velocity Staff
No Comments

The nation’s ports continued to post strong results this week, driven by imports as companies restock inventories and prepare for the peak holiday shopping season.

Officials at the Port of Los Angeles processed 883,625 twenty-foot-equivalent units (TEUs) in September, up more than 13% compared to the year-ago period and marking the busiest September in the Port’s history, officials said Wednesday. September’s loaded imports increased more than 17% compared to a year ago, while loaded exports fell less than 1%. Year-to-date, cargo decreased nearly 9% compared to last year.

“Despite unresolved questions about our nation’s health, economy, and export strength, imports have improved significantly after a difficult spring,” Port of Los Angeles Executive Director Gene Seroka said in a statement announcing the monthly results. “I commend our longshore labor force, Los Angeles marine terminal operators, truckers, and supply chain stakeholders who continue to rise to the challenge throughout this pandemic.”

On the East Coast, officials at the Port of Virginia said the port set a new record volume for September and marked its fourth straight month of growth this year. The port moved 256,439 TEUs, up 4% compared to August. The growth was driven by loaded exports and imports, which were 75,526 TEUs and 121,115 TEUs, respectively. In a year-on-year comparison, September’s volume topped last year’s mark by more than 15,000 TEUs, officials said.

“The rebound continues and we are seeing indicators that imports could remain strong into 2021 as inventory restocking continues and the retail season gets underway,” John F. Reinhart, CEO and executive director of the Virginia Port Authority, said in a statement announcing the results. “What is interesting is that September’s record volume was accompanied by the fewest number of vessel calls for the month. The ship owners are beginning to capitalize on their investments in big ships. They’re running fewer vessels, but carrying more cargo. Since 2015, the average number of containers per vessel calling Virginia has increased more than 71% to more than 1,200 boxes today versus 700-plus in 2015.”

Reinhart added that recent expansion projects at the port are designed to accommodate the growth. 

Officials at the Port of New York and New Jersey also emphasized a rebound in cargo activity this week, citing data for August, which is the most recent available. Container volumes rebounded sharply during the month, consistent with the elimination of most blank sailings, officials said. The Port returned to 2019 levels in August, setting a new all-time monthly container record, including a new record for intermodal rail volume.  At almost 65,000 lifts, the port-wide intermodal ExpressRail system handled 7.8% more volume than August 2019, with overall rail volume up 1.4% year-to-date through August 2020. 

Transportation Maritime & Ocean
KEYWORDS Port of Los Angeles Port of New York and New Jersey Port of Virginia
  • Related Articles

    Imports up for third straight month in Oakland

    Monthly cargo volume rising at East Coast ports

    September imports up nearly 11% in Oakland

Recent Articles by DC Velocity Staff

Truckload carrier predicts challenging year ahead for industry

Train kept a rollin’

Werner invests in autonomous trucking firm TuSimple

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Cold chain giant Lineage Logistics buys its own rail operator

  • For container lines and ports, what a difference a year makes

  • Outlook 2021: What’s in store for logistics supply chain?

  • Cushman & Wakefield Brokers Sale of 170 Acres plus Lease for 1MSF Build-to-Suit for Home Improvement Retailer in Commerce City, CO.

  • Capacity challenges will continue in 2021

Now Playing on DCV-TV

2mw 01 11 21 thumb

Ocean Sector Shaping the Next Shipageddon

DCV-TV 4: Viewer Contributed
If you're a shipper, it's never good when a rep for an ocean carrier tells you, "You better sit down before you read this." We've been seeing astoundingly high increases in the ocean sector and they seem to have staying power. While the ocean carriers used blank sailings last year to tip the balance of supply and...

FEATURED WHITE PAPERS

  • Proven Benefits: A Compendium of Slotting Optimization Success Snapshots

  • Bridging Information Gaps in Dock and Yard Operations

  • How Intelligent Sensor Solutions Turn Data Into Action

  • Order picking Solutions: Understanding Your Options

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing