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Mayor: LA Port 'Putting People Back To Work' As Exports Surge

LOS ANGELES (CBS) — The Port of Los Angeles broke its export volume
record in 2010, with container traffic up 16 percent over the previous year, officials said Thursday.

"The 2010 volume gains far surpass our initial estimates," said the port's executive director, Geraldine Knatz.

"With this 16 percent increase in 2010 container volumes, the Port of Los Angeles is putting people back to work and doing its part to help President Obama meet his goal to double national exports over the next five years," Mayor Antonio Villaraigosa said.

"This is good news not only for Los Angeles, but cities across the nation."

Port exports rose 10.3 percent in 2010, compared to 2009. It exceeded a record set in 2008. Imports, meanwhile, increased 12.8 percent during the same period.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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