Subscribe to our free, weekly email newsletter!


Ports of Long Beach and Los Angeles have mixed starts to 2014

By Staff
February 21, 2014

January volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLA) were somewhat mixed.

POLA kicked off 2014 with a 2.5 percent annual gain in January at 685,550 TEU (Twenty-foot Equivalent Unit).

POLA imports, which are primarily comprised of consumer goods, hit 337,428 TEU for a 6.7 percent annual increase. Exports rose 1.7 percent to 161,938 TEU. Empty containers dropped 5.1 percent to 163,574 TEU.

POLA officials said that the annual bump in January volumes is related to shippers moving cargo ahead of Chinese New Year, which was on January 31.

The port also launched an incentive program rewarding carriers for moving more containers through the port, which a POLA spokesperson recently told LM could spur some additional and new cargo growth. It was approved last November and started in January.

January volume at POLB was down 1.4 percent annually at 528,884 TEU.

Imports were up 2 percent annually at 279,415 TEU, and exports were off 3.4 percent at 122,411 TEU. Empties saw a 6.3 percent decline at 127,058 TEU.

POLB officials are optimistic about 2014 volume prospects, coming off of 2013’s 6.73 million TEU, which stands as the third-best year ever for the port.

“We look forward to continued progress in 2014, building on the performance of 2013. We expect to be back to peak cargo levels at the Port of Long Beach by 2015 or 2016,” said Dr. Noel Hacegaba, Acting Deputy Executive Director of the Port of Long Beach, in a statement.

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

Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently said it is opening up the “vault,” so to speak. The vault in this case is making its copious amount of trade data accessible through an Application Programming Interface (API), which enables customers to extract Panjiva’s trade data into their own database.

Freight transportation and logistics services provider Averitt Express recently announced it has rolled out improved transit times for less-than-truckload (LTL) service from the Midwest to Toronto and other cities.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

Anne Ferro, a ferocious advocate for greater truck safety and a constant thorn to truck drivers and some unsafe trucking fleets, says she is leaving as administrator of the Federal Motor Carrier Safety Administration. No successor has been immediately named.

Data issued by the National Retail Federation lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noted that retail sales are expected to be strong over the next five months to finish the year.

Article Topics

News · Port of Long Beach · TEU · POLA · All topics

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