Saturday, May 13, 2023

Shipping: Container Traffic Falling At The Port Of Long Beach

From gCaptain, May 12:

Trade Soft at Port of Long Beach

Cargo container traffic slowed at the Port of Long Beach in April as consumers continued to limit purchases and shippers shuffled trade from the West Coast to seaports on the East and Gulf coasts.

Dockworkers and terminal operators moved 656,049 TEUs last month, down 20.1% from April 2022, which was the port’s busiest April on record. Looking at consecutive months, overall cargo volumes gained 8.6% from March with imports up 12% month over month.

April’s imports declined 21.8% to 313,444 TEUs, while exports increased a narrow 0.6% to 122,663 TEUs. Empty containers moving through the Port decreased 26.2% to 219,943 TEUs.

“The unprecedented consumer demand we saw at the height of COVID-19 has diminished and cargo flows are now closer to pre-pandemic levels,” said Port of Long Beach Executive Director Mario Cordero....

....MORE