THE Port of Long Beach August throughput scored its highest monthly volume since October 2007, rising 13.4 per cent year on year to 630,292 TEU.
MSC Long Beach shift flattens LA as LB cargo rises 13pc to 6-year high
THE Port of Long Beach August throughput scored its highest monthly volume since October 2007, rising 13.4 per cent year on year to 630,292 TEU.
Meanwhile the adjacent Port of Los Angeles posted a 0.4 per cent increase in August to 709,676 TEU, and what gains were made came from an eight per cent increase in empties to 195,508 TEU.
One negative factor for LA was the decision by world's second largest box carrier, the Mediterranean Shipping Co (MSC), to shift its business from Los Angeles to Long Beach late last year, which has resulted in poor year-on-year comparisons ever since.
While Long Beach laden imports increased 19.2 per cent year on year to 327,817 TEU, LA's fell 1.4 per cent to 355,683 TEU in August. Long Beach laden exports were up 20.2 per cent to 154,118 TEU while LA's declined 3.8 per cent to 158,485 TEU.
Year to date, LA's total volume fell 5.6 per cent to 5.1 million TEU year on year while Long Beach's year-to-date throughput increased 13.6 per cent to 4.4 million TEU.
