Port of Long Beach cargo throughput up 6 percent in May 2015
Cargo rose at the Port of Long Beach by 6 percent in May, the third consecutive month of growth, the busiest month since October 2007, and the busiest May since 2006, the company said in its press release.
A total of 635,250 TEUs (twenty-foot equivalent units) of containerized cargo were moved through the Port in May. Imports numbered 327,317 TEUs, a 4.8 percent increase from the same month last year. Exports decreased 7.4 percent to 135,855 TEUs. Empty containers rose 22.6 percent to 172,078 TEUs. With imports exceeding exports, empty containers are sent overseas to be refilled with goods.
Cargo volume is up partly due to a stronger retail market. The Port is also attracting new services in order to boost cargo growth.
Through the first five months of 2015, cargo is up 1.1 percent overall.
With an ongoing $4 billion program to modernize its facilities, the Port of Long Beach continues to invest in long-term, environmentally sustainable growth.
