Long Beach +5,3% in 1H
Long Beach - The Port of Long Beach reported its most active June, boosted by increased consumer demand as retailers stock shelves for back-to-school shopping. The month capped the port’s strongest quarter on record in Q2
Long Beach - The Port of Long Beach reported its most active June, boosted by increased consumer demand as retailers stock shelves for back-to-school shopping. The month capped the port’s strongest quarter on record in Q2, marking two consecutive quarters of record setting cargo volumes despite headwinds from inflation and fears of a looming recession.
Long Beach joins its neighbor at the San Pedro Bay Port Complex, the Port of Angeles, in setting new monthly records in June. Dockworkers and terminal operators at the Port of Long Beach moved 835,412 TEU in June, up 15.3% from the same month last year and surpassing the previous record set in June 2018 by 83,224 TEUs.
Imports rose 16.4% to 415,677 TEUs, while exports saw a 1.4% decrease to 115,303 TEUs. Empty containers moved through the port jumped 21.6% to 304,433 TEUs. More busy months are anticipated ahead: “We are anticipating a robust summer season as consumer demand continues to drive cargo to our docks,” said Port of Long Beach Executive Director Mario Cordero. “We expect to remain moderately busy in the coming months, and we will work to promptly process containers lingering at the Port.” “Our waterfront workforce continues to move cargo at a record-setting pace, - said Long Beach Harbor Commission President Steven Neal. - Our strong partnerships with labor and industry continue to make us a leader in trans-Pacific trade.”
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