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Rail News: Intermodal

Port of Long Beach surpasses last year's cargo total

The port exceeded its 2016 cargo total in the first 11 months of this year.
Photo – Port of Long Beach

The Port of Long Beach exceeded its 2016 cargo total in the first 11 months of this year, and expects to handle more than 7 million containers for the fourth time in its 106-year history, port officials announced last week.

A total of 612,659 20-foot equivalent units (TEUs) moved through the port last month, an increase of 14.7 percent over the same month a year ago. Through the first 11 months of 2017, shippers sent 6,847,589 TEUs across the port's docks — a 10 percent increase compared with the same period in 2016, port officials said in a press release.

"U.S. consumers are confident and the economy has been strong," said Long Beach Harbor Commission President Lou Anne Bynum. "Retailers have been stocking goods as a result and we are nearing cargo levels we have not seen since before the 2008 recession."

Retailers making a last dash to stock goods for the holidays, and after-Christmas sales helped imports surge 18 percent in November to 319,210 TEUs compared with the same month a a year ago. Exports rose 4.5 percent to 126,364 TEUs, port officials said.

"Our focus on speed and reliability has positioned the port to have its busiest year ever," said the port's Executive Director Mario Cordero.

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