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Rail News: Intermodal

Long Beach port posted steep volume rise, L.A. port registered large drop in November

Container volume at the Port of Long Beach, Calif., shot up 20.8 percent in November to 555,513 20-foot equivalent container units (TEUs) compared with November 2011 data.

Imports soared 20.2 percent to 278,534 TEUs — the highest November volume in five years — and exports climbed 24.6 percent to 138,312 TEUs, the second-highest November volume in the past five years. Empty container volume rose 18.4 percent to 138,667 TEUs.

The rise in container traffic was spurred by the addition of ocean carrier services in recent months, including those launched by CMA CGM and MSC, two of the world's largest container shipping companies, port officials said in a prepared statement.

"After mostly declining traffic in the middle of the year, the late boost has helped bring port cargo volumes closer to 2011 levels," they said. "For the first 11 months of the year, imports are virtually flat compared to the same period a year ago and exports are up 2 percent."

Meanwhile, the Port of Los Angeles in November handled 582,982 TEUs, down 16 percent year over year. Imports fell 18.6 percent to 288,273 TEUs, exports plunged 25.8 percent to 145,344 TEUs and total loaded container volume dropped 21.2 percent to 433,617 TEUs. Empty container volume increased 3.8 percent to 149,364 TEUs.

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More News from 12/17/2012