Port of Los Angeles and Port of Long Beach have mixed results in March

By Jeff Berman, Group News Editor
April 15, 2011 - LM Editorial

Following a strong February, March volumes at the Port of Los Angeles and the Port of Long Beach were mixed.

POLB imports, which are primarily comprised of consumer goods, hit 191,211 (Twenty-foot Equivalent Units) in March, which was down 7.5 percent annually. It was also down sequentially when compared to February’s 233,660 TEU and January’s 242,445 TEU. POLB Exports, which are primarily comprised of raw materials, were up 1.0 percent at 131,761 and were up compared to February’s 121,929 TEU and January’s 127,546 TEU.

Total POLB shipments for March—at 412,235 TEU—were down 2.5 percent compared to a year ago.

POLB officials were not available for comment about March volumes at press time.

POLA imports—at 297,023 TEU—were up 10.16 percent annually and ahead of February’s 275,887 TEU and below January’s 338,606 TEU. Exports—at 192,849—were up 19.18 percent, well ahead of February’s 150,357 TEU and January’s 159,050.

“Exports were particularly strong, up 19 percent over last March,” said POLA Director of Communications Phillip Sanfield. “In fact, March was our single biggest export month in Port history, with 192,000 TEUs exported. Many factors go into the rise in exports, including the value of the dollar. We’ve been focusing on our international trade program to reach out to exporters around Southern California, helping them learn to navigate the export business.”

Total POLA shipments for March—at 600,796 TEU—were up 9.91 percent year-over-year.

Last month, Sanfield said there were 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.

“Overall, we are seeing the effects of a new terminal, California United Terminals, which started operating here at the Port of Los Angeles late last year (It moved over from Port of Long Beach),” said Sanfield. “We think these strong numbers are representative of the infrastructure improvements we’ve been making here in recent years. Those improvements are paying off in terms of more cargo, increased efficiency and responsible growth.”

For related articles, please click here.



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

February manufacturing data issued today by the Institute for Supply Management (ISM) dipped slightly compared to January, according to the most recent edition of the organization’s Manufacturing Report on Business.

As U.S. West Coast ports begin to address their critical congestion issues, an innovative approach is being launched at San Pedro Bay.

The ongoing financial travails of the Highway Trust Fund was made clear in a position paper recently issued by Jeff Davis, senior fellow at the Eno Center for Transportation. In the paper–entitled “Why Not A Ten-Year Surface Transportation Bill?”-Davis points to past federal transportation bills, as well as the White House’s GROW AMERICA proposal as having one fatal flaw in common: they each leave the HTF on worst financial shape after the bill expires than it was prior to the bill being enacted.

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

About the Author

Jeff Berman, 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.

Comments

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