TEUs – Pacific Maritime Magazine

17 Apr

Q1 Cargo Volumes Down at Port of Los Angeles

Karen Robes MeeksNews, News Briefs, PMM Online Newscargovolumes, pola, TEUs

The amount of cargo that flowed through the Port of Los Angeles in the first three months of this year fell more than 30% from the same time period in 2022, which was the port’s busiest first quarter ever, according to new data released by the port April 12. Los Angeles moved 1.83 million TEUs in Q1 2023, a 32% decrease from Q1 2022. Meanwhile, the port handled 623,234 TEUs last month, with loaded imports tumbling 35% to 319,962 TEUs and loaded exports dropping 12% to 98,276 TEUs year over year. The data also showed empty containers falling 42% to…

04 Apr

Cargo Volumes Down at Port of Oakland

Karen Robes MeeksNews, News Briefs, PMM Online Newsportofoakland, TEUs

Overall cargo volumes fell by 14.1% year over year at the Port of Oakland in February, a result of high inventory levels and soft retail sales, according to new data released March 24 by the port. Internal data show that the Northern California seaport moved 113,814 TEUs in February, a 14.1% drop from the same time a year ago when the port moved 147,620 TEUs. Loaded imports tumbled 32% year over year in February to 58,073 TEUs as shippers shift more of their market share away from West Coast seaports to East and Gulf Coast ports. Meanwhile, loaded exports fell…

21 Mar

February Cargo Volumes Drop at LA, Long Beach Ports

Karen Robes MeeksNews, News Briefs, PMM Online Newscontainervolumes, pola, polb, TEUs

The Los Angeles and Long Beach seaports saw cargo volumes for February drop year over year, according to newly released data by the two seaports. Last month, the Port of LA moved 487,846 TEUs, a 43% drop from February 2022, an all-time record, the port said March 17. Loaded imports during the month fell 41% to 249,407 TEUs, while loaded exports dipped 14% to 82,404 TEUs year over year. Empty containers also dropped 54% to 156,035 TEUs, POLA data show. So far in 2023, Los Angeles said it has handled 1,213,860 TEUs, a 30% drop when compared to the same…

07 Mar

2022 Cargo Volumes Down at Major West Coast Seaports: PMSA Data

Karen Robes MeeksNews, News Briefs, PMM Online NewsNWSA, pmsa, TEUs

The U.S. West Coast’s five major seaports collectively saw their total volumes fall in 2022, while total volumes rose at major U.S. East Coast and Gulf Coast ports, according to the Pacific Merchant Shipping Association’s latest West Coast Trade Report, released Feb. 23. West Coast’s Big Five – the Port of Los Angeles, Port of Long Beach, Port of Oakland and the Northwest Seaport Alliance’s Port of Seattle and Port of Tacoma – saw total cargo numbers drop 5.6% (-1,480,468 TEUs), while East Coast ports rose by a combined 3.7% (+989,111 TEUs) and three Gulf Coast ports gained a combined…

21 Feb

January Cargo Volumes Down at LA, Long Beach Ports

Karen Robes MeeksNews, News Briefs, PMM Online Newspola, polb, TEUs

Cargo volumes in January dropped by double digits year over year at the Los Angeles and Long Beach seaports as consumer spending softens and more of the cargo share heads to the East and Gulf Coasts. The Port of Los Angeles saw a 16% drop from January 2022, a record month for the port, moving 726,014 TEUs last month, the port announced Feb. 16. January imports were down 13% with 372,040 TEUs from the same time a year ago according to port data, while loaded exports were up 2.5% with 102,723 TEUs. “We expect softer global trade throughout the first…

24 Jan

Port of Long Beach Ends 2022 with 2nd-Busiest Year for Cargo Volumes

Karen Robes MeeksNews, News Briefs, PMM Online Newscargovolumes, polb, TEUs

The Port of Long Beach handled more than 9.13 million TEUs in 2022, the second-busiest year in its history, according to data released Jan. 19. That’s about 2.7% less cargo than 2021, the POLB’s busiest year on record. While imports dropped 4.9% to 4,358,789 TEUs and exports dipped 1.6% to 1,414,882 TEUs, the port continues to be the busiest seaport in the U.S. for loaded exports for the second straight year. Meanwhile, the port moved 3,359,986 TEUs in empty containers in 2022, about 0.14% less from 2021. The port saw record cargo numbers in much of the first half of…

24 Jan

Cargo Volumes Down at Port of Oakland

Karen Robes MeeksNews, News Briefs, PMM Online Newscargovolumes, portofoakland, TEUs

Port of Oakland cargo volumes were down in December as well as 2022 as a whole when compared to the year prior, according to data released by the port Jan. 17. Overall cargo last month fell 8.1% year over year with 123,868 loaded TEUs. Full imports tumbled 17.1% year over year with 65,566 TEUs while full exports were up 4.6% with 58,302 TEUs from December 2021, port data show. For 2022, the Northern California seaport moved 2.3 million TEUs, an estimated 4% drop from 2021. High domestic inventory from softened consumer demand and declining freight rates are affecting cargo numbers,…

29 Nov

West Coast Seaport Cargo Volumes Outpaced by NY/NJ, PMSA Data Show

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal OperationsPANYNJ, pmsa, TEUs

In September, more imported containers went through the Port of New York and New Jersey than any other U.S. port, including the Port of Los Angeles, according to November edition of the Pacific Merchant Shipping Association’s West Coast Trade Report. The report, released Nov. 18, shows that the Port of New York and New Jersey handled 423,424 imported TEUs, far more than the 343,462 TEUs handled by Los Angeles. With outbound loaded and empty TEUs, the East Coast gateway moved a total of 842,219 TEUs, 18.6% more than the 709,873 TEUs handled in September by the POLA. “It…

18 Nov

October Cargo Volumes Rise at Oakland Seaport

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationsportofoakland, TEUs

The Port of Oakland saw its cargo volumes rise 5.9% in October compared to the same time a year ago, handling 145,868 loaded TEUs, according to new data released by the port Nov. 17. The Northern California seaport also reported a 4.8% uptick in loaded exports with 66,408 TEUs and 6.7% jump in full imports with 79,459 TEUs last month compared to October 2021. Even with last month’s cargo gains, it’s “insufficient to reverse the declines from earlier this year,” with long-term indicators forecasting overall declining import cargo numbers, the port declared in a statement. Declining freight rates and high…

15 Nov

October Cargo Volumes Down at Port of Long Beach

Karen Robes MeeksNews, News Briefs, PMM Online News, Terminal Operationspolb, TEUs

Slowing consumer demand and a growing number of imports shifting to Gulf and East Coast seaports affected the number of containers coming through the Port of Long Beach last month, the port said Nov. 10. About 658,428 TEUs moved through Long Beach in October, a 16.6% drop from the same time last year, with imports falling 23.7% to 293,924 TEUs and exports dipping 2% to 119,763 TEUs year over year. Meanwhile, empties dropped 13.4% to 244,743 TEUs last month compared to October 2021. “The supply chain is returning back to normal and cargo continues to move, so I am optimistic…