Port of Long Beach records trade rise in November

Port of Long Beach records trade rise in November

The Port of Long Beach has announced that trade has increased for the third consecutive month in November, with a total of 731,033 TEU moved.

This rise in throughput reflects a 24.2 per cent increase from November 2022.

Imports rose 37 per cent to 355,339 TEU while exports declined 13 per cent to 108,798 TEU. Empty containers moved through the port were up 30.6 per cent to 266,896 TEU.

“We are recapturing market share, online shopping is on the rise and retailers are keeping the shelves stocked to meet rising consumer demand for the holidays,” said Port of Long Beach CEO Mario Cordero.

“We remain optimistic as cargo returns to this critical gateway for trans-Pacific trade.”

The port has moved 7.3 million TEU during the first 11 months of 2023, down 14.9 per cent from the same period last year.

Cargo flows this year have been approximately on pace with pre-pandemic levels when the Port of Long Beach moved more than 6.96 million TEU through November 2019.

READ: Port of Long Beach adds 33 eco trucks to fleet

Long Beach Harbor Commission President, Bobby Olvera Jr., said: “We appreciate the outstanding work of our waterfront workforce and terminal operators who are moving goods to ensure consumers are able to purchase gifts during the holiday season.

“We plan to continue delivering top-notch customer service and building for a sustainable future into the new year.”

In late November, the Port of Long Beach announced its plan to bid in early 2024 for its first construction contract to begin works on the Pier B On-Dock Rail Support Facility.

Earlier this month, the Port of Long Beach together with the Maritime and Port Authority of Singapore (MPA) and the Port of Los Angeles announced a Partnership Strategy for a green and digital maritime corridor across the Pacific Ocean.

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