PORT OF LONG BEACH REPORTS STRONGEST JUNE ON RECORD

The Port of Long Beach achieved its busiest June on record, driven by vibrant consumer spending, potential tariff increases and ongoing labour contract negotiations at seaports on the East and Gulf coasts.

Dockworkers and terminal operators moved 842,446 twenty-foot equivalent units (TEUs) in June, up 41.1% from the same month last year and surpassing the previous record set in June 2022 by 7,034 TEUs.

In a statement, the port said imports jumped 53% to 419,698 TEUs, exports rose 4% to 98,300 TEUs, and empty containers moving through the Port increased 42.1% to 324,448 TEUs.

"We are recapturing market share, and consumer spending is driving cargo to our docks as we head into the peak shipping season," said Mario Cordero, CEO of the Port of Long Beach.

 

"I see modest growth for the second half of 2024 as we strengthen our competitiveness and continue to invest in our rail infrastructure projects that will maximize cargo velocity efficiently and sustainably for decades to come," he added.

 

Bobby Olvera Jr., president of the Long Beach Harbor Commission, said the waterfront workforce and terminal operators are promptly processing a hefty increase in containers during the very busy summer months.

 

"We are focusing on our efforts to keep cargo flowing smoothly and secure our position as the premier gateway for trans-Pacific trade," he added.


The Port has moved 4,291,626 TEUs during the first half of 2024, up 15% from the same period last year.