News
The South California ports notched another record month in November. The Port of Long Beach handled record 783,523 TEUs of container cargo last month, a 30.6% jump compared to November 2019. Imports were up 30.5% to 382,677 TEUs and exports were down 5.2% to 117,283 TEUs. Empty containers shipped overseas rose 55% to 283,563 TEUs.
The boost comes at the end of the peak shipping season as retailers prepare for the upcoming holidays and an increase in online spending resulting from consumers opting to stay at home during the recent uptick in COVID-19 cases.
The port has moved 7,297,430 TEUs during the first 11 months of the year, 4.7% up from the same period in 2019.
Similarly, box traffic at the Port of Los Angeles also spiked 22% from the same period last year to 889,746 TEUs renewing its monthly record again.
November loaded imports reached 464,820 TEUs, up 25.2% compared to compared to 371,350 TEUs in November 2019. Loaded exports decreased 5.5% to 130,917 TEUs. Empty containers, heavily in demand in Asia, increased 34.2% compared to November 2019, reaching 294,010 TEUs.
For the first 11 months, inbound boxes rose 4.7% from the same period in 2019 to 7.3 million TEUs while outbound boxes edged down by 0.3% year on year to 1.3 million TEUs. Empty containers climbed 8.1% on year to 2.34 million TEUs.
