GROWTH at the Port of Long Beach outperformed its Los Angeles rival where box volumes fell 2.59 per cent to 7,868,582 TEU in 2013 year on year against LB's 11.3 per cent annual increase to 6,730,573 TEU.
Long Beach loaded inbound boxes were up 12.8 per cent to 6,730,573 TEU, with laden outbound containers up 10.7 per cent to 1,704,930 TEU while empties came in at 1,570,318 TEU an increase of 8.8 per cent
LA port spokesman Phillip Sanfield attributed LA's growth decline to MSC's and CMA CGM's move to neighbouring Long Beach in late 2012.
"That is largely behind us and are likely looking at low single-digit growth for 2014," he said, adding that LA experienced a strong November and December.
Mr Sanfield said international growth has been slow compared to previous decades, and coming up with innovative ways to stay competitive. Coupled with the ongoing infrastructure investments, they will serve as drivers to cement the port's status as a premier gateway.
Los Angeles December volumes came in at 653,358 TEU, up 11.09 per cent with imports rising 8.63 per cent to 296,874 TEU, while exports increased to 147,417 TEU, up 16.85 per cent with empties up 10.24 per cent to 588,154 TEU.
December gains shared by the two rival San Pedro Bay ports were attributed to shippers moving more goods ahead of the eight-day Chinese New Year factory shutdown starting January 31.
PORTS
20 January 2014 - 21:31
Long Beach tops LA growth in 2013 as MSC-CMA CGM port shift bites
GROWTH at the Port of Long Beach outperformed its Los Angeles rival where box volumes fell 2.59 per cent to 7,868,582 TEU in 2013 year on year against LB's 11.3 per cent annual increase to 6,730,573 TEU.
PORTS
20 January 2014 - 21:31
Long Beach tops LA growth in 2013 as MSC-CMA CGM port shift bites
This news 7239 hits received.
These news may also interest you