Tuesday, September 17, 2019

Long Beach Containers Down Over Year

By Karen Robes Meeks

Last month, the Port of Long Beach moved 663,992 TEUs, 2.3 percent less than it did in August 2018, according to recent numbers released by the port.

Imports in August fell 5.9 percent to 322,780 TEUs, while exports jumped 4.5 percent to 124,975 TEUs from the same period a year ago. Empty containers dipped 0.3 percent to 216,238 TEUs.

Long Beach has handled more than 4.9 million TEUs so far this year, 6.6 percent less than during the same eight-month span in 2018, a record year for the port. It was, nevertheless, the fifth busiest August in the port’s history.

“These results are strong for any North American seaport, but lag behind our record high numbers last year, when retailers shipped goods to beat expected tariffs,” said Port Executive Director Mario Cordero. “We are still on track for one of our busiest years ever and our focus remains on delivering efficiency and reliability as we await the swift resolution of the US-China trade dispute,” he added.

International trade has continued and will continue to evolve, said Long Beach Harbor Commission President Bonnie Lowenthal.

“Our focus as policy makers for the Port must be long-term, and our future as the primary gateway for trans-Pacific commerce remains very positive,” she said. “We are investing billions in efficient and sustainable cargo movement to serve the needs of the supply chain today and decades from now.”