Port of Long Beach Sees Record Container Volumes in July

Cargo container volumes surged through California’s Port of Long Beach in July, with an 18.4 percent increase over the same month in 2014, making July a record month in the port’s 104-year history.

The port’s terminals moved 690,244 twenty-foot equivalent container units (TEUs) in July. Imports jumped to 345,912 TEUs, a 16.2 percent increase from last July. Exports increased 15.9 percent to 143,875 TEUs despite the stronger U.S. dollar, which has made U.S. exports relatively expensive overseas.

Previously, the port’s best year was 2007, just before the recession of 2008. Now, after a slow start at the beginning of 2015 due to a labor dispute between ILWU and PMA, the gains in July mark the fourth time in the last five months that cargo totals have climbed higher at Long Beach.

”These exceptional results are great news for Long Beach and the nation’s economy,” said Port Chief Executive Officer Jon Slangerup.

”We’ve worked closely with all of our stakeholders to prepare for our peak season, which is off to a great start with very strong back-to-school shipments and our best export month in a year. We applaud our partners for their role in these impressive results.”

July makes the fourth time in five months that the Port has seen import gains – July (18.4 percent), May (4.8 percent), April (7.3 percent), and March (42.1 percent) – an indication that the U.S. economy is growing, and the stronger dollar is giving retailers the confidence to order more products from overseas to stock their shelves for consumers, the port says. The National Retail Federation foresees at least 3 to 5 percent gains for the back-to-school and early holiday shopping seasons.

Through the first seven months of 2015, Long Beach’s total cargo was up 2.8 percent compared to the same period last year, imports were up 1.4 percent,  but exports were down 10.9 percent.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Maritime Information Warfare 2017

Maritime Information Warfare will focus on the growing need for navies to develop their information exploitation capabilities…

read more >

INTERNATIONAL GREEN SHIPPING AND TECHNOLOGY SUMMIT

The Summit will gather key marine experts and companies around the globe which have a big influence in the industry…

read more >

The CWC 18th Annual World LNG Summit & Awards Evening

The CWC World LNG Summit will continue to give you access to premium networking opportunities as it brings together the who’s who…

read more >

Marintec China 2017

The largest maritime event in Asia Pacific, Marintec China connects maritime professionals from the entire shipbuilding supply chain together.

Over the years, Marintec China has grown to reflect the size and importance of the Asian maritime market. 2015 event is another record-breaking edition with the largest exhibition area and the highest number of industry professionals attending ever. The encouraging figures proven that China remains one of the major shipbuilding nations and Marintec China has been the most authoritative platform in Asia.

With the maritime industry facing great opportunities but also many challenges, it is important for the industry to connect and engage more to ultimately win new business in globally-significant markets. A visit to Marintec China is a great way to learn about the latest technology and innovation of the supply industry, a platform for industry professional to meet face to face, make connection and do business.

Marintec China is poised to be the definitive event and is undoubtedly a must-attend for all involved in the maritime industry.

Marintec China will be held from 5 to 8 December 2017 at the Shanghai New International Expo Centre in Shanghai, China and continue its dedication to serve as the “LEADING” platform “CONNECTING” the community and “STRENGTHENING” the maritime industry.

Marintec China offers the perfect opportunity for companies serving the maritime market to showcase their innovations, products and services to a wide audience. A platform for face to face meetings in business, creating new relationships and consolidating existing ones.

More info

read more >