Port of Long Beach Tops 8 Million TEU in FY2018
The Port of Long Beach liquidated its 2018 having actually dealt with 8,000,929 twenty-foot comparable devices (TEUs) throughout the previous one year.
This number stands for a brand-new yearly document and also is 10.7 percent rise over 2017.
“We are poised to break our calendar year record at the end of December,” stated Port ofLong Beach Executive Director Mario Cordero “Despite the tariffs imposed by Washington and Beijing, international trade is showing resilience, and at our Port we are providing a conduit for commerce that’s efficient for our customers and getting their cargo to destinations faster, saving them money.”
“The Port of Long Beach moved 701,204 TEUs last month, the second-busiest September in our 107-year history,” statedLong Beach Harbor Commission President Tracy Egoscue “That’s a good thing for our economy. Trade flowing through the Port of Long Beach supports 1.4 million jobs across the United States, including more than 300,000 jobs in Southern California.”
September’s complete quantity was level, with a mild reduction of 0.1 percent contrasted to September 2017. Imports lowered 2.5 percent to 357,301 TEUs contrasted to the previous year. Exports were down 3 percent to 121,561 TEUs, while empties enhanced 5.9 percent, to 222,343 TEUs.
At 8 million TEU, the Port of Long Beach places as the second busiest container port in the United States behind the surrounding Port of Los Angeles, which took care of 9.3 million TEU in 2017.
The Port of Long Beach’s ranges from October 1 to September 30.