Port of L.A. Becomes Nation's Top Trade Gateway
he Port of Los Angeles became the top international freight gateway in the United States in 2003, according to the Bureau of Transportation Statistics.
An estimated $105 billion in imports and $17 billion in exports moved through the port last year, BTS said in a statement Tuesday.
The port handled $10 billion more freight than New York’s JFK International Airport, which fell to the second-ranked international freight gateway. It held the top position since 1999, when the bureau began compiling the information.
BTS said a total of $2 trillion in U.S. exports and imports moved through the more than 400 international freight gateways across the United States in 2003. About 43% of the freight was handled by the top 10 gateways.
BTS said that at eight of the top 10 hubs, the value of imports exceeded the value of exports.
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