Friday, July 18, 2014

POLB Has Best Cargo Month in 7 Years

By Mark Edward Nero

Cargo container volume rose eight percent at the Port of Long Beach last month, compared to the same month last year, according to newly-released data.

With more than 610,000 TEUs moved, the port says that last month was its busiest June since 2007, which happened to be the busiest year ever for container cargo at Long Beach.

POLB terminals handled a total of 610,516 TEUs in June 2014, including 316,054 TEUs of imports, which represents an 8.8 percent increase over June 2013. Also, exports were up 4.7 percent to 140,034 TEUs last month, and empty containers rose 9.3 percent to 154,428 TEUs. In all, June was the third consecutive month with a year-over-year increase in container volume. Long Beach has seen an increase of 2.5 percent for the first six months of 2014 compared to the same time last year, according to data.

For the fiscal year to date, POLB terminals have moved just over five million TEUs, a 3.4 percent increase over the 4.8 million TEUs shipped during the corresponding time last year. Long Beach’s fiscal year began in October 2013 and runs through Sept. 30.

The latest monthly cargo numbers at the Port of Long Beach, as well as other TEU data, can be found at http://www.polb.com/economics/stats/default.asp.