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Port of Long Beach sees 16.6% plunge in October box volumesPort of Long Beach sees 16.6% plunge in October box volumes

The Port of Long Beach reported a 16.6% drop in container volumes handled in October as imports plunge.

Marcus Hand, Editor

November 11, 2022

1 Min Read
LONG BEACH GREEN CORRIDORS
Photo: Matson

One of the two main gateway ports on the US West Coast, along with Los Angeles, the Port of Long Beach handled 658,428 teu in October, some 16.6% lower than in the same month last year.

The drop in volumes was driven by a sharp contraction in imports which were down 23.7% at 293,924 teu.

The port said the decrease was due to reduced consumer demand as well as shift of imported goods moving through Gulf and East Coast ports. Unprecedented levels of congestion at the San Pedro ports of LA and LB last year, and into early 2022 have seen lines shifting services into the US East Coast.

Exports moving through LB decreased 2% to 119,763 teu and empty containers moved through the port fell 13.4% to 244,743 teu.

“The supply chain is returning back to normal and cargo continues to move, so I am optimistic that store shelves will be stocked and goods will be available for delivery during the holiday season,” said Port of Long Beach Executive Director Mario Cordero. “Over the long term, the San Pedro Bay ports complex will continue to be a competitive, strategic and sustainable gateway for trans-Pacific trade.”

Overall in the first 10 months of the year container volumes were up 1.5% at 8m teu.

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Port of Long Beach

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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