Freight News, Sea

POLB Surges Past 2016 Cargo Volume

[ December 15, 2017   //   ]

COSCO Shipping Himalayas called at Pacific Container Terminal in November 2017. With just under one month left in 2017, the Port of Long Beach has already exceeded the cargo total for all of last year, and will handle more than 7 million containers for only the fourth time in its 106-year history.

A total of 612,659 TEUs moved through Long Beach in November, an increase of 14.7% over the same month a year ago. Through the first 11 months of the year, shippers have sent 6,847,589 TEUs across the Port’s docks, a 10% increase. The Port handled 6,775,171 TEUs in 2016.

“U.S. consumers are confident and the economy has been strong,” said Long Beach Harbor Commission President Lou Anne Bynum. “Retailers have been stocking goods as a result and we are nearing cargo levels we have not seen since before the 2008 recession.”

“Our focus on speed and reliability has positioned the Port to have its busiest year ever,” said Port of Long Beach Executive Director Mario Cordero. “I applaud all of our business partners for their contributions to our remarkable turnaround.”

Retailers making a last dash to stock goods for the holidays and after-Christmas sales helped imports surge 18% in November to 319,210 TEUs. Exports rose 4.5%, to 126,364 TEUs. Demand in Asia for empty containers grew that trade to 167,085 containers, up 17%.