Published on February 19th, 2014 | by Reporters Desk0
January Cargo Flat in LB Port
LONG BEACH — On Feb. 18, the Port of Long Beach announced that its cargo volume for January got off to a flat start.
There was an overall traffic dipping of 1.4 percent to 528,884 container units in January compared to the same month this past year. Imports rose 2 percent.
Cargo volume got off to a flat start in the New Year at the Port of Long Beach, with overall traffic dipping 1.4 percent to 528,884 container units in January compared to the same month last year, while imports rose 2 percent.
In January, imports were up to 279,415 TEUs (twenty-foot equivalent units), exports fell 3.4 percent to 122,411 TEUs, and empties dropped 6.3 percent to 127,058 TEUs. With imports exceeding exports, empty containers are sent overseas to be refilled with goods. Exports and empties typically slow ahead of the Lunar New Year, which this year was Jan. 31, because much of China and other countries in East Asia shut down for two weeks for the holiday.
For the latest monthly cargo numbers, click here.
For more details on the cargo numbers visit www.polb.com/stats.