Daily Digital Magazine: Pg. 7 — July 12, 2019

Long Beach falls short of all-time record

June 2018 was the busiest month in the port’s 108-year history.

The Port of Long Beach said tariffs continue to impact its cargo traffic and reported that volumes declined in June compared to the same month in 2018.
   Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever.
   “The story we saw develop in 2018 was retailers forwarding goods to beat tariffs,” said Port of Long Beach Executive Director Mario Cordero. “For 2019, it seems that the cargo is all here and warehouses are filled. That’s disrupting container movement and the growth we would normally see this time of year.”

Long Beach falls short of all-time record

June 2018 was the busiest month in the port’s 108-year history.

Long Beach falls short of all-time record

June 2018 was the busiest month in the port’s 108-year history.

 
Continued from previous page
The Port of Long Beach said tariffs continue to impact its cargo traffic and reported that volumes declined in June compared to the same month in 2018.
   Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever.
   “The story we saw develop in 2018 was retailers forwarding goods to beat tariffs,” said Port of Long Beach Executive Director Mario Cordero. “For 2019, it seems that the cargo is all here and warehouses are filled. That’s disrupting container movement and the growth we would normally see this time of year.”
   A total of 677,167 TEUs were processed at the Port of Long Beach in June, 10% fewer than last year. The performance still was the second-best June for the port.
    Imports shrank 13.7% to 331,617 TEUs last month, while exports were down 1% at 133,833 TEUs. Empties loaded onto ships to fill with goods in Asia decreased 9.1% to 211,718 TEUs.
   The port has moved 3.7 million TEUs during the first half of 2019, 6.7% off last year’s pace. Second-quarter throughput was 1.9 million TEUs, an 8.7% decline.
    The latest monthly cargo numbers may be found here.
    More detailed cargo numbers are at www.polb.com/stats.   

The growth of online grocery sales has the U.S. market for cold-storage warehouses poised for strong growth, potentially creating demand for up to 100 million square feet of industrial cold-storage space over the next five years.

The Port of Zeebrugge is called by 12 liner services that also sail to regions outside North Europe, according to BlueWater Reporting’s Port Dashboard tool.

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Long Beach falls short of all-time record

June 2018 was the busiest month in the port’s 108-year history.

Jul 12, 2019 on Dec 27, 2018AmericanShipper.com

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Long Beach falls short of all-time record

June 2018 was the busiest month in the port’s 108-year history.

Jul 12, 2019 on Dec 27, 2018AmericanShipper.com