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    LA port shatters records again while Long Beach continues slide

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    LA port shatters records again while Long Beach continues slide
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    WHILE the Port of Los Angeles continued to shatter records for a fifth straight month, neighbouring Long Beach continued on its downward path lifting two per cent less cargo in August than it did a year ago

    WHILE the Port of Los Angeles continued to shatter records for a fifth straight month, neighbouring Long Beach continued on its downward path lifting two per cent less cargo in August than it did a year ago. Long Beach handled 660,000 TEU in August with imports down six per cent and exports rising 4.5 per cent and empties staying about the same. In contrast, LA moved 860,000 TEU, up four per cent year on year.

    For the first eight months, Long Beach's volumes were down six per cent relative to last year's record levels.

    'These results are strong for any North American seaport, but lag behind our record high numbers last year, when retailers shipped goods to beat expected tariffs,' said Port of Long Beach executive director Mario Cordero.

    'We are still on track for one of our busiest years ever and our focus remains on delivering efficiency and reliability as we await the swift resolution of the US-China trade dispute,' he said.

    WORLD SHIPPING

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