Container volumes surged through the Port of Long Beach in July, 2015 with an 18.4% increase over the same month in 2014, making July a record month in the port’s 104-year history.
Previously, the port’s best year was 2007, just before the Great Recession of 2008. Now, after a slow start at the beginning of 2015, the gains in July mark the fourth time in the last five months that cargo totals have climbed significantly.
Jon Slangerup, CEO of the Port of Long Beach, said: “These exceptional results are great news for Long Beach and the nation’s economy. 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.”
Through the first seven months of 2015, Long Beach cargo numbers edged higher, with total cargo up 2.8% compared to the same period in 2014, imports were up 1.4% and exports down 10.9%.
This result is a positive moment in Long Beach’s history, after its recent struggle with labour strikes, which saw a number of US West Coast (USWC) ports close down temporarily.
The shift in cargo volumes from the USWC to the US East Coast has been noted; however volumes seem to on the rise for the USWC, and are anticipated to continue climbing after the completion of the Panama Canal in early 2016.
With an ongoing US$4 billion capital improvement program this decade to modernise and expand its facilities, the Port of Long Beach also continues to invest in long-term, environmentally sustainable growth.