Long Beach Cargo Volumes Fall in May

After a healthy start to the year, cargo volumes fell 16.6% in May year-over-year, and volumes are down 6% for the year.

Cargo volumes declined at the Port of Long Beach in May. After several months of growth, cargo volumes fell 16.6% in May year-over-year. May 2018 was a record-breaking month for the port. However, cargo volumes are now down 6% for the year.

In May, the port moved a total of 573,623 twenty-foot equivalent units. Imports decreased 19.5% to 290,568 TEUs, and exports declined 15.3% to 120,577 TEUs, while empty containers sent overseas dipped 11.7% to 162,479 TEUs.

Mario Cordero, executive director at the Port of Long Beach, said that several factors contributed to the drop, including the impact of international trade.

Recommended Stories