The Port of Long Beach experienced a small decrease in container volume during August, but remains on course to break its current record for annual throughput volume.
Container volumes at the Port of Long Beach were 1.9% lower in August than the same period of 2017, which was one of the busiest months in the Port of Long Beach’s 107-year history.
However, Long Beach’s TEU volume throughout the first eight months of the year, at over 5.3 million, is 9.4% ahead of January-August 2017, the port’s busiest year ever.
Mario Cordero, Executive Director of the Port of Long Beach, commented on the statistics: “Our Port’s decline in cargo over the last two months is in large part due to a realignment of ocean carrier alliance services and port calls.
Neil Davidson, of Drewry, discusses new developments at the Port of Long Beach in a recent Port Technology technical paper
“Another factor is higher tariffs by the United States and China.
“Thus far, that appears to have helped increase traffic, as shippers act to beat duties imposed on goods this summer.”
Tracy Egoscue, the Board of Harbour Commission President, also made a statement: “The higher container volumes earlier this year showed the ability of international trade to bring prosperity and jobs to the U.S. and world economies.”
The Port of Long Beach is one of the world’s largest seaports, and handles US $194 billion in trade annually.