Port of Long Beach records strongest June TEU volumes

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Port of Long Beach records strongest June TEU volumes

The Port of Long Beach had its busiest June on record, due to strong consumer spending, prospective tariff rises, and continuing labour contract discussions at seaports along the East and Gulf coasts.

Dockworkers and terminal operators transported 842,446 TEU in June, increasing 41.1 per cent from the same month last year and breaking the previous record established in June 2022 by 7,034 TEU.

Imports surged 53 per cent to 419,698 TEU, exports gained 4 per cent to 98,300 TEU, while empty containers passing through the port increased 42.1 per cent to 324,448 TEU.

READ: Port of Long Beach nears 3 million TEU moved so far

Port of Long Beach CEO Mario Cordero, said: “We are recapturing market share and consumer spending is driving cargo to our docks as we head into the peak shipping season.

“I see modest growth for the second half of 2024 as we strengthen our competitiveness and continue to invest in our rail infrastructure projects that will maximize cargo velocity efficiently and sustainably for decades to come.”

READ: Port of Long Beach sees over 2 million TEU for Q1 2024

Long Beach Harbor Commission President Bobby Olvera Jr, stated: “Our waterfront workforce and terminal operators are delivering top-notch customer service by promptly processing a hefty increase in containers during the very busy summer months.

“We are focusing on our efforts to keep cargo flowing smoothly and secure our position as the premier gateway for trans-Pacific trade.”

The port has moved 4.29 million TEU during the first half of 2024, up 15 per cent from the same period last year.

Recently, the Governor’s Office of Business and Economic Development (GO-Biz) announced a $7.875 million grant for the Port of Long Beach’s data system.

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