Port of Long Beach monthly volumes drop almost 30 per cent

View From Atop Container Crane in Port of Long Beach

The Port of Long Beach container volume has declined in June recording a throughput of 597,076 TEU.

This reflects a 28.5 per cent decline from June 2022, which was the port’s busiest June on record.

Imports were down 34 per cent to 274,325 TEU, while exports declined 18 per cent to 94,508 TEU.

Empty containers moving through the port decreased 25 per cent to 228,243 TEU.

“We are hopeful to obtain a greater percentile of market share,” said Port of Long Beach CEO Mario Cordero.

“We remain confident that our reliability, efficiency, and unparalleled service will attract additional trade and economic activity to our port.”

READ: Port of Long Beach registers strongest month in 2023

Long Beach Harbor Commission President Sharon L. Weissman added: “We continue to work with our industry partners to grow cargo volume and raise the bar on sustainable operations.

“Our highly skilled workforce, infrastructure projects, and environmental programmes continue to make us the port of Choice.”

Economists report that consumer spending exceeded expectations during the first half of 2023 and may flatten out through the rest of the year, according to the Port of Long Beach.

The port has moved 3.7 million TEU during the first half of 2023, down 25.5 per cent from the same period last year.

In June 2023, the Long Beach Board of Harbor Commissioners approved a $634.5 million budget for the Long Beach Harbor Department.

More recently, the California State Transportation Agency officials announced a $383.35 million grant for the Port of Long Beach to complete a series of construction and clean-air technology projects.

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