Port of Long Beach Container Volumes Weighed Down by Hanjin Bankruptcy
Container quantities at the Port of Long decreased 16.6 percent year-over-year in September as the results of the Hanjin personal bankruptcy got to West Coast ports, the port claimed Wednesday.
Longshore employees relocated 546,805 twenty-foot comparable devices last month. This consisted of 282,945 TEUs in imports, down 15 percent from September 2015, a month which topped off the Port’s ideal quarter ever before. Exports went down to 120,383 TEUs, a reduction of 4.2 percent. Empties were 27.2 percent reduced at 143,476 TEUs.
Port authorities claimed the variety of containers managed throughout September was affected not just by minimized telephone calls by Hanjin- run ships, yet additionally by the lack of Hanjin containers on vessels run by fellow CKYHE Alliance participants. Hanjin Shipping containers represent about 12.3 percent of the Port’s overall containerized quantity.
Cargo quantities are down 4.6 percent for the existing fiscal year to day in Long Beach, the port claimed.