Cargo Business Newswire

Wednesday, October 14, 2015

Top Story

Port of Long Beach sees highest Q3 cargo volume in history

After seeing its busiest September in its 104-year history, the Port of Long Beach processed enough cargo volume to achieve its best quarter ever, indicating a return to pre-recession trade levels.

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Cargo volume at the Port of Long Beach climbed 4.1 percent in September year-over-year to 655,624 TEUs. The year’s third quarter — July through September — topped 2 million TEUs in a first for the port, and improved 14.8 percent over the third quarter of 2014.

"In recent months, Long Beach has seen a robust return of once-diverted cargo," said Jon Slangerup, Port of Long Beach CEO. "We greatly appreciate our shippers’ continued confidence in the Port of Long Beach."

Through the first nine months of 2015 the port has seen a 5.2 percent increase in cargo compared to

the same period last year. The port expects to finish the year with more than 7 million TEUs for only the third time in its history (the last time was in 2007).

This year's third quarter saw 10.6 percent more imports and 10.5 percent more exports, compared to the third quarter of 2014.

For September alone, imports fell 1.9 percent compared to the same month last year, to 332,909 TEUs. Exports grew 6.1 percent to 125,639 TEUs. Empty containers rose 14.6 percent to 197,076 TEUs.