Port of Long Beach moves 8 million TEUs in fiscal year

MOL evergreen cargo containers

October 10, 2018 - The Port of Long Beach closed out the 2018 fiscal year having handled over 8 million TEUs during the previous 12 months.

The number represents the port’s highest yearly volume and a 10.7 percent increase over the previous fiscal year, which runs from October 1 to September 30.

“We are poised to break our calendar year record at the end of December,” said Mario Cordero, Port of Long Beach Executive Director.

“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.”

During September, the Port of Long Beach moved 701,204 TEUs, recording its second-busiest September in the port’s 107-year history. Total volume moved during the month was flat, with a slight decrease of 0.1 percent compared to September 2017.

Imports decreased 2.5 percent to 357,301 TEUs compared to the previous year. Exports were down 3 percent to 121,561 TEUs, while empties increased 5.9 percent, to 222,343 TEUs.

Source: World Maritime News