Tuesday, June 18, 2013

Long Beach Port Sees Strong Upswing in Imports, Exports

Container cargo rose by more than 17 percent in May 2013 at the Port of Long Beach, leading to the port experiencing some of its highest volumes in nearly three years, according to newly released data.

A total of 583,588 TEUs were moved by the port’s container terminals in May, up 17.2 percent from the same month in 2012. Additionally, imports increased a whopping 22.2 percent to 305,498 TEUs. Exports were up 13.9 percent to 147,073 TEUs.

The number of empty containers that moved through the port was up 10.2 percent to 131,017 TEUs.

Import volumes are the highest since August 2010 overall and export volumes are the highest since October 2010, according to the port’s data.

For the first five months of 2013, Long Beach’s total cargo container volume is up 17.2 percent – including 19.3 percent more imports, 12.2 percent more exports and 18.9 percent more empties. The port attributes the increases in part to larger ships calling at the port more frequently, as well as the addition of service lines beginning in the final quarter of 2012.

For the fiscal year to date, which began in October 2012, Long Beach has seen 4.3 million TEUs, a 15.5 percent increase from the 3.7 million units it saw during the same eight month period during FY 2012. The overall increase includes an 18.8 percent rise in loaded inbound TEUs, a 12.7 percent increase in loaded outbound containers and a nearly 12 percent upswing in empties.