September Breaks Records at the Port
Cargo volumes increased last month at the Port of Long Beach, becoming the busiest September in the Port’s history.
Imports were down 0.7% to 354,919 TEUs, while exports were up 1.4% to 123,215 TEUs. Empty containers moved out of the United States to be reused in the global supply chain rose 2.9% to 228,822 TEUs.
While the port had a strong month, cargo volumes are treading down overall. During the third quarter, the port processed 1.99 million TEUs. The pace was 3.7% down from third quarter 2018, a year when the Port was well on its way to an annual total of 8.1 million TEUs, an all-time high. Through September, cargo volumes have decreased 5.7%, compared to the first nine months of 2018.