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Port of Long Beach Reports Best Month Ever in July Amid Pent-Up Consumer Demand

marinesalvage by marinesalvage
July 23, 2021
in News
0
cosco shipping at port of long beach
cosco shipping at port of long beach

Port of Long Beach Reports Best Month Ever in July Amid Pent-Up Consumer Demand

Reuters

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August 14, 2020

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Photo credit history: Port of Long Beach

The Port of Long Beach published its busiest month ever before in July because of bottled-up need by customers amidst the COVID-19 pandemic.

The port stated profession enhanced 21.1% in July contrasted to the very same month in 2019, amounting to 753,081 TEUs. The previous single-month document of 752,188 twenty-foot-equivalent systems (TEUs), embeded in June 2018, was exceeded by almost 900 TEUs.

“Supply chain workers at the Port of Long Beach expertly handled a welcome surge in cargo that was brought on due to pent-up demand by consumers,” stated Mario Cordero, Executive Director of the Port ofLong Beach “It was a good month, a bright spot, in the midst of the devastating effects of the coronavirus on the economy.”

Cargo quantities were boosted in July by a rise in on the internet costs as customers remained to prevent leaving residence throughout the COVID-19 pandemic, the port. Additionally, it saw a temporary boost in additional vessel brows through to make up for trips that were terminated previously this year.

Imports climbed up 20.3% to 376,807 TEUs, while exports expanded 24.1% to 138,602 TEUs. Empty containers headed back overseas enhanced 20.8% to 237,672 TEUs.

The Port of Los Angeles, Long Beach’s next-door neighbor at the San Pedro Bay Port Complex, reported likewise solid numbers for July.

“July’s performance reflects our excellent customer service and mission to move cargo efficiently, even during an unprecedented pandemic and the ongoing trade war with China,” statedLong Beach Harbor Commission President Frank Colonna “We will continue to work with our partners to ensure the secure and speedy shipment of goods.”

Year- to-date, the port has actually relocated 4,186,115 TEUs throughout the very first 7 months of 2020, down 2.8% from the very same duration in 2019.

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Tags: COVID-19Port of Long Beachu.s. ports
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