Long Beach Port Revives Its Record-Breaking Streak
By Kelsi Maree Borland | November 15, 2018 at 04:00 AM
The Port of Long Beach rebounded in October after several months of slow activity. Cargo volumes increased 5.4% in October over last year, making it the third most active month in the port’s long history. The activity was largely driven by holiday season shipments, but the port has seen many record-breaking months this year. Cargo alliances have slowed shipment activity since July.
“October is traditionally one of the busiest months of the year because retailers are preparing for the holiday season,” Eric Bradley of the Port of Long Beach tells GlobeSt.com. “We’re seeing that time-tested dynamic, plus it’s likely the trade war is pushing businesses to forward goods to beat the tariffs set to take effect January 1.” The port moved 705,408 TEUs during the month with inbound containers up 7.9%. Export containers declined 5% and empty containers were up 8.5%.
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