LA September container imports decline 0.16pc, but exports up 26.6pc

THE Port of Los Angeles saw a weaker-than-expected September peak season container imports of 372,655 TEU, not only showing a decline of 0.16 per cent year on year, but also a contraction from August`s 376,189 TEU import volume.

But September exports grew 26.6 per cent year on year to 176,954 TEU, according to Newark`s Journal of Commerce, reporting a slowdown in exports of four per cent month to month against August`s 184,231 TEU.


The fall of month-to-month figures in imports and exports indicate that the weak US economy has started to affect the purchasing power in those Asian emerging economies and a soft winter season is expected, said the report.