Subscribe to our free, weekly email newsletter!

Port of Long Beach February volumes see major gains

By Jeff Berman, Group News Editor
March 15, 2013

Like its neighbor, the Port of Los Angeles, across San Pedro bay, the Port of Long Beach (POLB) had a strong month volume-wise in February, according to data released by the port this week.

POLB imports, which are primarily comprised of consumer goods, were up 45.8 percent annually at 279,144 TEU (Twenty-Foot Equivalent Units), and exports, which are comprised mainly of raw materials, were up 17.2 percent at 140,626 TEU. And empties—at 111,197 TEU—increased 44.2. POLB officials said that with imports exceeding empties, empty containers are sent overseas to be refilled with goods.

POLB added that Trans-Pacific trade levels early in the year can be impacted by the Lunar New Year, which sees Chinese factories shutting down for about a week and subsequently hinders goods production in Asian countries that export to the United States.

“Last year, our February numbers were relatively more affected by the Lunar New Year than they were this year,” POLB Media Relations Manager Daniel Yi said in an interview. “Over the last three-to-four months, we have seen steady increases, and the momentum highlights how in February 2012 was strongly impacted by the Lunar New Year, which is why we are seeing this growth for February 2013.”

Yi was not downplaying the strong February 2013 numbers, which were somewhat aided by the timing of the Lunar New Year. He noted that March will see annual growth, too, with the New Year impacting volumes in late February and spilling over into March.

February’s import numbers represent POLB’s highest import numbers since February 2007, which were before the recession at 284,800 TEU.

“This is due in part to the bigger ships that are calling at the port,” said Yi. “We believe the economy is slowly recovering, and that is supported by housing numbers and retail sales.”

POLB, said Yi, has benefited from the addition of a new service line at the port between ocean carriers MSC and CMA CGM that moved from POLA to POLB. He added that both carriers have established hubs at POLB, with vessels calling on POLB. MSC is sharing a POLB hub with COSCO and MSC is in a terminal sharing arrangement with Hanjin at POLB.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Seasonally-adjusted (SA) for-hire truck tonnage in October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.


Post a comment
Commenting is not available in this channel entry.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA