Ports of Long Beach, Los Angeles see export volume rise, imports fall in Oct
THE US Port of Long Beach handled a total of 688,425 TEU of containerised cargo in October, representing a year-on-year decrease of 2
THE US Port of Long Beach handled a total of 688,425 TEU of containerised cargo in October, representing a year-on-year decrease of 2.4 per cent. Container imports were down 7.4 per cent to 337,062 TEU, while exports rose by 9.8 per cent to 131,635 TEU. Empty containers sent overseas fell by 0.8 per cent to 219,728 TEU.
'As the trade war lingers, these tariffs continue to impact the US economy and have created uncertainty for the business of importers and exporters,' said the port's executive director Mario Cordero.
'We are hopeful for a prompt resolution of the tariff situation between the US and China. In the meantime, we are moving forward with capital improvements that should bring long-term growth.'
Also in California, the port of Oakland's throughput followed a similar pattern with exports up and imports down. Containerised exports in October totalled 87,393 TEU, up 10.8 per cent year on year. Containerised imports were down 4.6 per cent at 78,583 TEU, reported New York's FreightWaves.
'Our export customers have demonstrated their resilience throughout this tariff standoff,' said port of Oakland maritime director John Driscoll in a statement. 'For their sake, we hope the conflict is resolved and overseas business can grow even more.'
In contrast to Long Beach and Oakland, the port of Los Angeles said both import and export container volumes in October decreased by 19 per cent compared to the same month last year.