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Friday, 18/10/2024, 16:00 (GMT +7)
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Port of Long Beach Reports Record Container Volume
The Port of Long Beach posted record container volumes in September and the third quarter of 2024, as holiday demand surged and shippers moved cargo to the West Coast to avoid strikes at U.S. East and Gulf Coast ports..webp)
Port of Long Beach ( Source: Long Beach Business Journal)
Increased demand for holiday-related cargo fueled the Port of Long Beach (POLB) to its busiest September and busiest quarter on record, as shippers continued to move cargo to the West Coast to avoid strikes at U.S. East and Gulf Coast ports in early October.
POLB stevedores and terminal operators moved 829,499 TEUs in September, up just 70 TEUs from the previous record set in September 2023. September also marked the California port’s fourth consecutive month of year-over-year cargo growth.
Specifically, imports increased 2% to 416,999 TEUs, exports decreased 12.8% to 88,289 TEUs, and empty containers moving through the Port of San Pedro Bay increased 1.5% to 324,211 TEUs.
“We have plenty of room across our terminals as the peak shipping season drives a record amount of cargo through this critical gateway for trans-Pacific trade,” said Mario Cordero, CEO of the Port of Long Beach. “We are anticipating continued growth through the rest of the year as retailers stock the shelves for the winter holidays.”
Meanwhile, the Port of Long Beach moved 6,917,373 TEUs in the first nine months of 2024, up 18.8% from the same period last year. It was also POLB's busiest quarter with 2,625,747 TEUs moved from July 1 to September 30, breaking the previous record set in Q2 2022 of 78,628 TEUs.
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Source: Phaata.com (via Container-News)
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