Despite nosediving exports at the Port of Los Angeles, combined trade through America’s largest container complex increased 3% in July thanks to record volume at the Port of Long Beach.
Box terminals operating at Long Beach moved 690,244 teu, an 18.4% increase over July 2014. Imports increased 16.2% to 345,912 teu, while exports jumped 15.9% to 143,875teu despite a stronger US dollar, which make US goods more expensive overseas.
“These exceptional results are great news for Long Beach and the nation’s economy,” said Port of Long Beach CEO Jon Slangerup. “We’ve worked closely with all of our stakeholders to prepare for our peak season, which is off to a great start with very strong back-to-school shipments and our best export month in a year. We applaud our partners for their role in these impressive results.”
Results were not as impressive at nearby Port of Los Angeles. Imports there fell 3.5% year-on-year in July to 350,628 teu, with exports sliding 16.5% to 136,402 teu.
Including empty boxes loaded at the two ports for restuffing in Asia, total container volume moving through the LA-LB complex increased 6.8% in July to 1,389,372 teu.
This post was sourced from IHS Maritime 360: View the original article here.
