Tuesday, August 19, 2014

POLB Cargo Volumes Up in July

By Mark Edward Nero

Total cargo container numbers rose 3.7 percent at the Port of Long Beach in July 2014 compared to the same month last year, with the volumes resulting in the seaport’s busiest July since 2010.

A total of 583,060 TEUs were moved through Long Beach terminals in July, according to newly-released data. Of these, 297,615 TEUs were imports, which rose by just 0.9 percent. Exports dropped 6.2 percent during the month to 124,126 TEUs. Empty containers, however, jumped by 19.5 percent to 161,319 TEUs.

The relatively flat import numbers in July came after a surge in June 2014, when retailers were stocking up for back-to-school shopping. Through the first seven months of 2014, container cargo traffic is up 2.7 percent at Port of Long Beach terminals.

Last year, against which 2014 is being compared, was the third-busiest year in port history with a total of 6.73 million TEUs.

For the fiscal year to date, POLB terminals have moved 5.61 million TEUs, a 3.3 percent increase over the 5.43 million units shipped during the same 10-month period during FY 2013. The port’s fiscal year begins each Oct. 1.

The latest monthly cargo numbers for the Port of Long Beach can be viewed at http://www.polb.com/economics/stats/latest_teus.asp. More details on the cargo numbers are available at www.polb.com/stats.