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Port of Long Beach Post Record Month! Trade up +21% versus last year

FILE PHOTO: Port of Long Beach / Nick Ut/Associated Press

PortandTerminal.com, August 14, 2020

LONG BEACH – July marked the busiest month in the 109-year history of the Port of Long Beach as terminal operators and dockworkers moved 753,081 cargo container units, topping a record set two years ago. 

Trade increased 21.1% in July compared to the same month in 2019. The previous single-month record of 752,188 twenty-foot-equivalent units (TEUs), set in June 2018, was surpassed by nearly 900 TEUs.

“Supply chain workers at the Port of Long Beach expertly handled a welcome surge in cargo that was brought on due to pent-up demand by consumers,” said Mario Cordero, Executive Director of the Port of Long Beach. “It was a good month, a bright spot, in the midst of the devastating effects of the coronavirus on the economy.”

Cordero is cautious though about the outlook for the next year or so. While “there’s evidence of recovery” and it’s promising that “we’re going to have gradual numbers” improving, “I think we’re definitely a year away from some sense of normalcy,” Cordero said in an interview with Bloomberg in June.

“July’s performance reflects our excellent customer service and mission to move cargo efficiently, even during an unprecedented pandemic and the ongoing trade war with China,” said Long Beach Harbor Commission President Frank Colonna. “We will continue to work with our partners to ensure the secure and speedy shipment of goods.”

Long Beach cargo volumes were bolstered in July by a surge in online spending as consumers continued to avoid leaving home during the COVID-19 pandemic. Additionally, the Port saw a short-term increase in extra vessel visits to compensate for voyages that were canceled earlier this year.

Imports climbed 20.3% to 376,807 TEUs, while exports grew 24.1% to 138,602 TEUs. Empty containers headed back overseas increased 20.8% to 237,672 TEUs.

The Port has moved 4,186,115 TEUs during the first seven months of 2020, 2.8% down from the same period in 2019.

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