The Port of Long Beach has suffered another box blow in November amid the continuous shift toward seaports along the East and Gulf coasts.
The port moved 588,742 TEU last month, down 21 per cent from November 2021 and the port’s lowest figure for 2022.
Imports slid 28.4 per cent to 259,442 TEU, while exports increased 13.8 per cent to 124,988 TEU.
Empty containers moving through the port decreased 25.2 per cent to 204,313 TEU.
“While some import volume has shifted to other gateways, we are confident that a good portion of it will return to the San Pedro Bay,” said Port of Long Beach Executive Director Mario Cordero.
“As we move toward normalisation of the supply chain, it’s time to refocus our efforts on engaging in sustainable and transformative operations that will secure our place as a leader in trans-Pacific trade.”
The Port of Long Beach has moved a total of 8,589,553 TEU during the first 11 months of 2022, down 0.5 per cent from the same period in 2021, which was the port’s strongest year on record.
Long-dwelling containers at the San Pedro Bay port complex have been reduced by more than 90 per cent since the end of October 2021, said the port authority, when the Port of Long Beach and the Port of Los Angeles initiated a Congestion Dwell Fee.
Although the Port of Long Beach has had an incredibly busy year, surpassing handling totals from the previous year and setting new records, it has nonetheless slid to third on the list.