Ports of LA/Long Beach stay on course

Despite diminished activity on the transpacific trade lanes, the nation’s leading ports of Los Angeles and Long Beach captured more than their share of inbound calls.
By Patrick Burnson, Executive Editor
May 12, 2011 - LM Editorial

Both major ocean cargo gateways in San Pedro Bay posted positive numbers for container throughput in April.

Despite diminished activity on the transpacific trade lanes, the nation’s leading ports of Los Angeles and Long Beach captured more than their share of inbound calls.

“We have had 15 months of consecutive growth, “ said Port of LA spokesman, Philip Sanfield. “Last month we also had record exports, although we could not repeat that in April.”

Total number of twenty-foot equivalent containers (TEUs) numbered 617,272.50 in April, besting last year’s performance by 3.69 percent.

At the Port of Long Beach, reports were even more encouraging. After a slight dip in container cargo volume in March compared to a year ago, the port experienced a rebound in April with a 12 percent increase in imports and a 9.5 percent growth overall compared to April 2010.

Overall, the port moved 531,090 twenty-foot equivalent container units last month compared to 485,059 TEUs in April of last year.

Port terminals handled 270,107 TEUs of import containers, almost 30,000 TEUs more than a year ago.  Exports jumped by 10.4 percent to 143,683 TEUs, aided by a weaker dollar and growing demand abroad. Empty container moves were up 3.2 percent to 117,300 TEUs. Most empty containers, noted port spokesmen, are bound overseas for refilling.

When news broke earlier this month that the liner start-up, The Containership Company (TCC), would cease to operate its Shanghai-Los Angeles shuttle, there was some speculation among analysts that the Port of LA would feel the impact.

Not so, said Sanfield:

“While we were sorry to see the service discontinued, it did not represent a lot of business here. Thanks to the acquisition of California United Terminals (CUT) late year, we are still making very positive numbers in comparison to 2010.”

As reported in LM, the terminals moved to LA from Long Beach late last year.

For related articles click here.



About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(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

So far, so good may be the best way to describe the current state of progress in the negotiating process regarding the announcement made last month by FedEx that it plans to acquire Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion.

A new study, “Understanding Risk Assessment Practices at Manufacturing Companies,” uncovers complex business risks and disruptors facing manufacturers, and a pressing need for the industry to evolve its risk assessment capabilities.

Led by perennial earnings champ Old Dominion Freight Line, the nation’s LTL carriers as a group are enjoying a particularly strong earnings season—especially when one considers the first quarter usually is the slowest period for trucking in general with harsh winter weather bearing down on earnings.

A mixed bag may be the most appropriate way to characterize the current state of manufacturing based on the most recent edition of the April edition of the Manufacturing Report on Business issued by the Institute for Supply Management today.

The Department of Transportation’s Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration (FRA) issued its long-awaited Final Rulemaking for “Enhanced Tank Car Standards and Operational Controls for High-Hazard Flammable Trains.”

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

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