The Port of Los Angeles handled 779,903 TEUs in September, 2.7 percent less than the same period last year, according to the latest statistics. Imports fell 2.9 percent to 402,320 TEUs and exports dropped 11 percent to 130,769 TEUs year over year. This represents the 11th consecutive monthly decline of exports. Meanwhile, empty containers rose 2.9 percent to 246,814 TEUs. These numbers are compared against a record breaking 2018 and an all-time record for September. “The ill-advised U.S.-China trade war continues to wreak havoc on American exporters and manufacturers,” said Port Executive Director Gene Seroka. “We've seen declining exports for 11 consecutive months while our fastest growing market segment is exporting empty containers back to Asia. It's likely we'll see softer volumes in the fourth quarter. We must have a…
The Port of Oakland recently reported that refrigerated exports rose by 20 percent in the past year, as it moved 119,756 TEUs from August 2018 through July 2019.The year before, the port handled 99,740 TEUs. Beef and pork from the US Midwest are the port’s fastest-growing refrigerated export goods, with increases of 45 percent and 38 percent respectively, in the same timeframe. Over the years, the port has been bolstering its cold chain logistics by creating new distribution capability, expanding operating hours to relieve export container deliveries to be shipped overseas, and putting in hundreds of additional electrical outlets to plug in refrigerated containers waiting to load unto ships. The port also opened the 283,000-square-foot refrigerated distribution center Lineage Cool Port Oakland with Lineage Logistics and Dreisbach Enterprises. “Our business…
The Port of Oakland kicked off its peak season with volume growth. Imports in August rose 3.1 percent to 88,323 TEUs – the port’s busiest August for imports – while exports inched up 1 percent to 75,080 TEUs from the same period a year ago. It represents the sixth consecutive month of export gains. Meanwhile, empty containers fell 14 percent. Oakland is crediting August’s numbers to strong U.S. consumer demand for the rise in imports and overseas demand for American farm goods for the export increase. “It’s good to see volume trending in the right direction,” said Port Maritime Director John Driscoll. “Let’s see now if we can keep it going through the fall.”
Last month, the Port of Long Beach moved 663,992 TEUs, 2.3 percent less than it did in August 2018, according to recent numbers released by the port. Imports in August fell 5.9 percent to 322,780 TEUs, while exports jumped 4.5 percent to 124,975 TEUs from the same period a year ago. Empty containers dipped 0.3 percent to 216,238 TEUs. Long Beach has handled more than 4.9 million TEUs so far this year, 6.6 percent less than during the same eight-month span in 2018, a record year for the port. It was, nevertheless, the fifth busiest August in the port’s history. “These results are strong for any North American seaport, but lag behind our record high numbers last year, when retailers shipped goods to beat expected tariffs,” said Port Executive Director…
The Port of Los Angeles has established a new single-month cargo record for the fifth month in a row, the port announced Tuesday. Last month, the port handled 861,081 TEUs, a 4.2 percent jump from August 2018. It is the port’s busiest August in its 112-year history. Imports rose 4.1 percent when compared to August 2018 reaching 437,613 TEUs. Exports fell 10 percent to 146,284 TEUs, the tenth straight month of decreases. Empties jumped 13.8 percent to 277,183 TEUs. Eight months into 2019 and Los Angeles’ volumes are up 5.7 percent compared to the record year of 2018. “Our strong volume growth this year is due in part to our global supply chain relationships, aggressive marketing and improvements in operational efficiencies,” said Port Executive Director Gene Seroka. “We continue to…
The Port of Long Beach recently welcomed the cleanest cargo vessel to come to the US. On July 12, Mediterranean Shipping Company’s 1,200-foot-long MSC Jewel stopped at Total Terminals International’s Pier T facility. The ship, built this year, can move as many as 14,436 TEUs with Tier III diesel engines, which are “75 percent cleaner than the Tier II standard set by the International Maritime Organization,” according to the port. “The Port of Long Beach is known for our commitment to operational excellence, and part of that is leading the industry into the future with our environmental initiatives,” said Port Executive Director Mario Cordero. “MSC runs our largest terminal, one of the most productive in North America. We couldn’t be prouder of our partnership with them and the example this…
The Port of Oakland handles 90,598 TEUs in imports last month, the busiest month in the port’s 92-year history and the first time it surpassed the 90,000 TEU mark in a single month. It broke the previous record of 87,207 containers set in June 2018, according to recent statistics released by the port. Imports in July were also up 7.5 percent from July 2018. “This is the fourth-time import volume has increased in the past five months,” pointed out Port of Oakland Maritime Director John Driscoll. “This demonstrates the continued strength of the US economy and consumer purchasing power.” Exports in July were also up 10.2 percent from July 2018, making it five months in a row of year-over-year growth in exports. How the new tariffs on Chinese imports, with…
The Port of Long Beach saw its monthly cargo volumes fall when compared to last July. According to port statistics released Monday, Long Beach moved 621,780 TEUs, which is 9.7 percent less than July 2018. Meanwhile, imports were down 9.9 percent to 313,350 TEUs, and exports fell 6.8 percent to 111,654 TEUs. Empty saw an 11 percent decline to 196,777 TEUs. “The trade war is hitting the West Coast hard,” said Port of Long Beach Executive Director Mario Cordero. “For more than a year, the supply chain has bent under the weight, and there’s very little give left. If the tariffs continue and escalate as planned next month, American consumers could see higher prices during the holiday season as businesses pass along their costs.” The port has handled more than…
The Port of Los Angeles set a new single-month record for cargo volumes for the fourth consecutive month, according to the numbers released Monday. The nation’s busiest seaport handled 912,154 TEUs, making it the busiest July in the port’s 112-year history. Imports jumped 8.7 percent to 476,438 TEUs, while exports dipped 4 percent to 161,340 TEUs. Empty containers, which are sent overseas to be refilled with goods, soared 20.7 percent to 274,376 TEUs year over year. July 2019 was the port’s third busiest month and the fourth time it moved more than 900,000 TEUs. “Container exchange per vessel reached 9,915 TEUs, the highest and most efficient level we’ve ever experienced,” said Port Executive Director Gene Seroka. “Despite the continued decline in exports and high level of uncertainty driven by trade…
Exports at the Port of Oakland were up 4.2 percent last month compared to June 2018, while imports fell 7.2 percent after four straight months of year-over-year increases, according to new numbers released by the port last week. The port, which moved 74,901 TEUs in exports last month, has seen export numbers trending upward for the last four months. “We remain cautious about our trade outlook as we head towards peak shipping season,” said Port of Oakland Maritime Director John Driscoll. “But we’re pleased to see the uptick in exports.” Meanwhile, Oakland’s overall cargo numbers are 3.6 percent higher in the first half of this year than during the first six months of 2018.
