Subscribe to our free, weekly email newsletter!


Port of Long Beach sees volume declines in April

By Jeff Berman, Group News Editor
May 17, 2012

April volumes at the Port of Long Beach (POLB) were down 13 percent annually, according to data released by the port this week. Total January volume was 461,911 TEU (Twenty-foot equivalent units).

Imports, which are primarily comprised of consumer goods, came in at 232,963 TEU and were down 13.8 percent. And exports—at 120,452 TEU—were down 16.2 percent.  POLB exports are typically comprised of raw materials, including recycled paper that becomes packaging, cotton for clothing, plastic for toys, and leather hides for shoes and handbags.

Empty containers dipped 7.5 percent to 108,496 TEU.

POLB officials said that the decrease in April volumes is due in part to “the elimination of several niche service lines that had called at the Port last year.”

On a year-to-date basis through April, POLB volumes are down 5.8 percent to 1,768,514 TEU.

“We had a really strong March, and it seems like some of the business from the end of March took away from some of the business in April,” said POLB Assistant Director of Communications Art Wong. “It really is a flat period. Ships are so big that one can come in at the tail end of the month as opposed to the next one and make a big difference in the numbers. Things have been relatively week when you look at the first four months of the year.”

Even though the first four months of 2012 have been slow for POLA, port officials said that three new lines of vessels from Asia will begin calling at the port later this month. And these new services, said POLA, are expected to add up to 500,000 TEU through the remainder of this year.

Wong said these lines are from carriers that already serve POLA that are resuming seasonal services that typically kick into gear at this time of the year until the end of the fall, when holiday shipments are mostly delivered.

“These lines are actually coming back a bit later than they usually do,” said Wong. “The expectation from the shipping lines is that they seem to think that trade [activity] is going to pick up fairly soon.”

The recently published Port Tracker report by the National Retail Federation and Hackett Associates is also expecting volume gains in the summer months through back-to-school season.

The report, which surveys six U.S.-based ports including POLB, is calling for June to be up 4 percent at 1.3 million TEU, and July is projected to see a 1.8 percent gain at 1.35 million TEU. August and September are expected to see 7.2 and 8.7 percent gains at 1.42 million TEU and 1.45 million TEU, respectively.

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

The Port of Oakland has undertaken a series of measures in recent years to attract more import volume.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 8.2 percent from September 2013 to September 2014 at $102.2 billion.

NS said that the D&H lines it plans to acquire connect with the NS network at Sunbury, Pa. and Binghamton, N.Y. and give NS single-line routes from Chicago and the southeast U.S. to Albany, N.Y., which is in close proximity to NS’ Mechanicville, N.Y.-based intermodal terminal.

This follows a 1.6 cent decrease last week, which was preceded by a 5.4 gain the week before and stands as the first increase going back to the week of June 23, when the weekly average headed up 3.7 cents to $3.919 per gallon.

BNSF said that its 2015 capital expenditures will be allocated towards various areas of its business, including maintenance and expansion of the railroad to meet the expected demand for freight rail service, with 2015 representing the third straight year BNSF has invested a record annual capital expenditures investment.

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA