Tuesday, June 14, 2011

Long Beach Port Posts Strongest May Cargo Numbers In 4 Years

The Port of Long Beach posted the strongest month of container moves for the year in May, and the strongest May posting for the port since 2007.

May also marked the strongest month since October 2010 for imports at the port. The one downside for the month was a sizable 9.4 percent drop in exports over April's numbers.

The port handled a total of 536,681 TEUs in May, a 1.1 percent increase over April and a 2.3 percent increase over May of last year.

In the import column, the port handled a total of 275,100 loaded inbound TEUs in May, a 1.8 percent increase over April and a 4 percent increase over May 2010.

On the import side of the ledger, the port posted a total of 121,551 loaded outbound TEUs in May, a 9.4 percent drop over April and a 6.1 percent drop over the year-ago period.

The port remains well within positive territory for the calendar year, having moved a total of 1.2 million TEUs in the January to May period – putting the port up 6.5 percent over the first five months of 2010.