Port of Long BeachCargo 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.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.