The Port of Los Angeles continued to see a strong rise in export cargo, buoyed by the weak dollar that has been boosting overseas demand for U.S. goods.
The volume of imported freight through the Port Of Los Angeles ticked up 5.5% in October, compared to the year-ago period, although it still slipped 1% sequentially from September.
Loaded inbound containers through the Los Angeles port numbered 368,842 last month, up from 349,545 in October 2010 but down sequentially from 372,655 in September.
October statistics from the nearby Port of Long Beach weren’t yet available.