Shipping
CARGO VOLUME DIPS IN JULY AT PORT OF LONG BEACH
August 15, 2023

Trade dipped at the Port of Long Beach in July due to adjusted trade routes, full warehouses and a shift in consumer spending to travel, entertainment and other experiences.

Dockworkers and terminal operators moved 578,249 twenty-foot equivalent units (TEUs) last month, down 26.4% from July 2022, which was the Port's busiest July on record.

In a statement, Port of Long Beach noted that imports declined 27.9% to 271,086 TEUs, while exports decreased 17.6% to 90,134 TEUs.

 

Empty containers moving through the Port were down 27.7% to 217,030 TEUs.

Self Photos / Files - d0bdd846f23a470aabb3d234db5c139f.png

July container trade in TEUs at the Port of Long Beach.
[Source: Port of Long Beach]


"Modest" peak season forecasted


"I am confident we will see our numbers improve as we work with industry partners to rebuild our market share," said Mario Cordero, chief executive at the Port of Long Beach.

 

"Looking ahead in the near term, however, we anticipate a modest 'peak season' for shipping as consumers spend a little less this year on back-to-school supplies and gifts through the holiday season," he added.

Bobby Olvera Jr., president of the Long Beach Harbor Commission, said the facilities, longshore labour, marine terminal operators and all of our industry partners continue to make this the premier gateway for the trans-Pacific goods movement.

 

"We are ready for a rebound in cargo volume based on our ability to move cargo reliably, quickly and sustainably," he said.

The Port has moved 4,310,925 TEUs during the first seven months of 2023, down 25.6% from the same period last year.

 

"Cargo flows are now closer to pre-pandemic levels when the Port of Long Beach moved 4.3 million TEUs through the first seven months of 2019," Port of Long Beach added.