Advertisement

California | SOUTHLAND FOCUS

Imported Cargo Sets Record at Port of L.A.

November 16, 2000|Stephen Gregory

Forget reindeer. Santa's gift-laden sleigh is more likely to be found in the belly of a cargo ship heading for the Port of Los Angeles. The port said that during October imported cargo--mostly Asian-made consumer goods slated as holiday shopping fare--set a new single-month record. The port took in nearly 251,000 import containers, beating last October's total by 26%. In a sign Asia is still on the mend from its 1997 financial meltdown, the port set a new single-month record for exports, largely raw materials bound for Asian manufacturers. Outbound volume of about 94,000 containers topped last year's count by 24%. In total, the port handled 481,502 20-foot containers in October, also a single-month record, but nearly a third of that came in the form of empty containers that were shipped back to Asia so that they could be filled with more consumer goods.

Advertisement
Los Angeles Times Articles
|
|
|