Friday, September 22, 2017

Long Beach Busy in August

By Karen Robes Meeks

The Port of Long Beach saw its second-busiest August in history when it moved 692,375 TEUs last month, 8 percent more than the same time last year and the third highest month ever in volume, according to the port’s latest numbers.

The nation’s second busiest seaport also saw double-digit growth in imports with 355,715 TEUs, a 10 percent increase when compared to August 2016.

“We are on pace to have our highest import year ever and one of our best years, period,” said Harbor Commission President Lou Anne Bynum. “Our inbound traffic during this peak season signifies optimism among retailers for the holiday season. Simply put, shoppers are buying more, and retailers are restocking their shelves.”

Meanwhile, changes in vessel alliances caused August exports to fall 26.3 percent to 117,290 TEUs year over year.