Tuesday, November 20, 2012

POLB Monthly Container Volumes Up Sharply

The Port of Long Beach’s new fiscal year has gotten off to a very good start.

The total volume of TEUs that made their way through the port in October 2012 was up more than eight percent compared with the same month last year, thanks to double digit increases in the number of loaded inbound and outbound containers shipped.

Port terminals shipped a total of 530,313 TEU last month, an 8.7 percent increase from the 487,665 that were moved during the same month last year. There was a huge jump in the number of loaded inbound containers shipped: about 276,700 were moved last month, a 15.2 percent jump from October 2011’s 240, 248 TEUs.

The number of loaded outbound containers was up sharply as well: they rose from 118,323 in October 2011 to about 133,500 last month, a 12.8 percent increase.

The one area where Long Beach experienced a decline was in the number of empty containers imported and exported. Port terminals saw a seven percent drop, falling from about 129,100 TEUs last October to 120,100 last month.

The port’s fiscal year runs from Oct. 1 through Sept. 30.

Long Beach’s jump in numbers was a contrast to those at the adjoining Port of Los Angeles, which last week reported month-over-month declines in October full imported and exported containers. Loaded imports and exports in October dropped by 3.15 percent at LA, from 562,390 TEUs last October to 544,692 TEUs the same month this year.

Last month was something of a role reversal for the ports: for much of the calendar year, the Long Beach had seen its monthly numbers decline, while LA’s had been rising.