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
5 Catalysts to Outsource Logistics
Today’s consumer-driven retail strategies are making it more difficult than ever to run an efficient, cost-effective supply chain. Consider the following five challenges that supply chain leaders will have to overcome in order to be effective in coming years – and why these challenges are acting as catalysts to engage with third-party logistics providers for supply chain expertise.
Download Today!
From the August 2016 Issue
A growing number of low-cost lift trucks offer new avenues for pairing equipment and applications, but less cautious buyers might find that small up-front costs come at a steep price. Selecting the proper lift truck, lift truck tips 2016, Choosing the right Lift Truck
Megatrends in ocean freight
Ocean Cargo Roundtable: What’s in store for 2017?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...

Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....
Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...