Volume growth continues at the Ports of Los Angeles and Long Beach in February

Volume gains continued on a steady pace at the Port of Los Angeles and the Port of Long Beach in February.

By ·

Volume gains continued on a steady pace at the Port of Los Angeles and the Port of Long Beach in February.

POLB imports, which are primarily comprised of consumer goods, came in at 233,660 TEU (Twenty-foot Equivalent Units) in February for a 12.4 percent year-over-year increase but were down compared to January’s 242,445. POLB Exports, which are primarily comprised of raw materials, were down 1 percent to 121,929 TEU, down from January’s 127,546 TEU. Total POLB shipments—at 458,336 TEU—were up 10.9 percent compared to a year ago.

This monthly tally at POLA was down compared to January’s 474,960 TEU, but it is still in line with recent levels. What’s more 2011 totals to date are solid at the port, despite the departure of California United Terminals to the Port of Los Angeles in December, which represented roughly 10 percent of all Port of Long Beach’s volume.

POLA imports—at 275,887 TEU—were up 3.19 percent from last year and down from January’s 338,606, and exports—at 150,357 TEU—were up 1.64 percent and down from January’s 159,050. Total POLA shipments for February—at 554,913 TEU—were up 5.61 percent annually and were behind January’s 660,517 TEU.

Officials at both ports said February volumes matched up with expectations heading into the month.

“We are pleased with these numbers,” said POLA Director of Communications Phillip Sanfield. “Last February, we came back with a 27 percent annual increase compared to 2009, which shows how bad 2009 was. And this year, we were able to keep pace and grow a bit. All things considered, it was a pretty good month.”

Despite the positive trends, Sanfield there are questions, regarding how the next few months will play out in terms of volume growth, given how oil and gas prices could impact consumer spending and how the Japan earthquake may impact global trade. He noted that single-digit growth in the coming months would be solid, given the strong beginning to the year to date.

POLA Assistant Director of Communications Art Wong noted that imports in February were particularly strong, continuing a trend that has been occurring over the past few months.

“The speculation has been that after the strong holiday retail season retailers were replenishing inventories, and there may be some that re-stocking in these numbers,” said Wong. “Ordinarily, we would expect February import numbers to be down a little bit, because the last week of February was the Chinese New Year.”

For related articles, please click here.


About the Author

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. Contact Jeff Berman

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!

Latest Whitepaper
Is Your Logistics Strategy Keeping Pace with Your Manufacturing Efficiency?
U.S. manufacturers continue to invest in world-class technology and innovation, as a growing number of businesses choose to expand U.S.-based production — or return manufacturing from Asia.
Download Today!
From the April 2017 Issue
While adoption rates have remained relatively flat, yard management systems (YMS) are helping logistics operations turn that important space between the loading dock and the gate into a vital link in the supply chain.
Information Management: Wearables come in for a refit
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...

ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...