The Port of Los Angeles has handled 832,331 TEU in the first 11 months of 2018, putting it on track to break the annual cargo volume record set in 2017. November's volume marked five consecutive months of processing over 800,000 TEUs, as high-volume vessels are being used to meet demand for the holiday season. Volume has also been boosted by the tariffs that were originally scheduled to come into force at the beginning of 2019. However, last month's overall handled-volume of 8,555,490 TEUs was a 9.9% YoY decrease, and was also down from October's all-time cargo record.
The Port of Los Angeles has handled 8,555,490 TEU in the first 11 months of 2018, putting it on track to break the annual cargo volume record set in 2017. November's volume marked five consecutive months of processing over 800,000 TEUs, as high-volume vessels are being used to meet demand for the holiday season. Volume has also been boosted by the tariffs that were originally scheduled to come into force at the beginning of 2019. However, last month's overall handled-volume of 832,331 TEUs was a 9.9% YoY decrease, and was also down from October's all-time cargo record.