By MarEx 2015-09-10 14:30:28
Traffic at the Port of Long Beach continues to surge as container volumes set records in July and August at the 104-year-old port. Overall cargo volume grew by nearly 23 percent in August and 18 percent in July compared to the same months last year.
Cargo volume in August, measured by the number of containers moving through the port, reached 703,652 TEUs. The amount bested July’s total and showed that shippers are responding to recent improvements at the port. A combined 1,393,896 TEUs moved through the port in July and August.
Long Beach appears poised to overtake Los Angeles as the nation’s number one gateway for container traffic. In the first eight months of the year, volumes are up more than five percent compared to 2014. Meanwhile, traffic at the Port of Los Angeles has lagged in the past four months after enjoying near record volumes in March.
“As consumer confidence grows, the dollar strengthens and retailers stock shelves, the Port of Long Beach’s strategic partnerships continue to yield positive results,” the port said in a statement.