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The Port of Los Angeles has released its January 2012 cargo volumes. The total number of Twenty-Foot Equivalent (TEU) containers increased 5.78 percent compared to January 2011.
The 698,715 TEUs is the highest total volume (imports, exports and empties) for January in Port of Los Angeles history.
Loaded imports increased 5.25 percent compared to last January 2011 while exports increased 5.9 percent.
The numbers marked the best January in the Port’s history with respect to exports and the total number of loaded imports and exports combined (624,821 TEUs).
Some of the increase in January volumes can be attributed to the increased movement of cargo prior to the January 23 Chinese New Year, which results in a one- to two-week holiday closure of many facilities in China.
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