Friday, April 15, 2011

March SoCal Cargo Volumes: LA Up, Long Beach Dip Breaks Growth Streak

Cargo volumes in March took decidedly different directions at the two Southern California ports.

The Port of Los Angeles posted its 14th consecutive month of positive year-over-year cargo growth in March, while total monthly cargo volume at the neighboring Port of Long Beach dipped into the negative for the first time since November 2009.

The Port of Long Beach handled a total of 412,235 TEUs in March, a 2.5 percent decline compared to March 2010.

Port officials said that on the import side the port handled a total of 191,211 loaded inbound boxes in March, a 7.5 percent decline over the year-ago period. On the export side, the port also handled a total of 131,761 loaded outbound TEUs in March, a 1 percent increase compared to March 2010.

Despite the one month dip, Long Beach remains on the up side for the calendar year to date, with 1.35 million TEUs handled since January, a 6.4 percent increase over the January to March period last year.

Across the bay, the Port of Los Angeles reported handling a total of 600,796 TEUs in March, a 9.2 percent increase over the same month last year.

In the import column, Los Angeles handled a total of 297,023 loaded inbound TEUs, a 10.2 percent increase over March 2010. On the export side, Los Angeles handled a total of 192,849 loaded outbound TEUs, a 19.2 percent increase over the year-ago period.

Los Angeles has moved a total of 1.82 million TEUs during the calendar year to date, a 10.2 percent increase over the first three months of last year.