The Port of Long Beach kicked off the New Year by logging its seventh straight month of cargo increases, showing a 24.8 percent jump in container shipments over the same month last year, the LB port statistics showed.
Port of Long Beach terminals moved 536,188 TEUs (twenty-foot equivalent units, the industry unit of measurement) last month. Imports were up 30.3 percent to 278,491 TEUs. Exports saw an increase of 8.4 percent to 106,739 container units. Empty containers rose 28.6 percent year over year, to 150,958 TEUs. Empty containers that were filled with items for post-holiday sales were sent back overseas to be reloaded with goods.
With an ongoing $4 billion program to modernize its facilities this decade, the Port of Long Beach is building the Port of the Future by investing in capital and service improvements that will bring long-term, environmentally sustainable growth, and maintain its competitive advantage as the fastest route from Asia to anywhere in North America.