The volume of imported freight through the Port Of Los Angeles ticked up 5.5 percent in October, compared to the year-ago period, although it still slipped 1 percent from September (see Ti Dashboard – US: West Coast Ports).
Loaded inbound containers through the Los Angeles port numbered 368,842 last month, up from 349,545 in October 2010, but down from 372,655 in September.
Meanwhile, the Los Angeles port continued to see a strong rise in export cargo, buoyed by the weak dollar that has been boosting overseas demand for US goods. Outbound loaded containers handled by the port numbered 193,547 last month, up 28 percent from the year-ago period.
Phillip Sanfield, Los Angeles Port spokesperson, commented that the year-over-year volume growth is a positive development, but said it doesn't change the port's overall outlook for a muted pre-holiday peak shipping season this year."We're not seeing this as any kind of significant change," Sanfield said.