In March, trade flowing through the Port of Long Beach saw a boost thanks to rising consumer confidence, marking the seventh straight month of year-over-year cargo growth.
During the initial quarter of 2024, the Californian port handled 2,002,820 TEUs, reflecting a 16.4% increase compared to the corresponding period in 2023. Furthermore, dockworkers and terminal operators handled 654,082 TEUs last month, reflecting an 8.3% rise compared to March 2023.
"Consumer demand remains strong and continues to drive cargo through this vital gateway for trans-Pacific trade. We will continue to build the infrastructure that will allow us to grow our trade strategically and sustainably," stated Mario Cordero, CEO of Port of Long Beach.
In addition, import volumes increased by 8.4% to reach 302,521 TEUs, while exports experienced a decline of 21.3% down to 105,099 TEUs. The movement of empty containers through the Port surged by 28.9% to 246,464 TEUs.
"Steady cargo flows lead to steady jobs for our dedicated workforce. We will continue our role as the Port of Choice by moving cargo quickly, reliably and sustainably while providing outstanding customer service," stated Bobby Olvera Jr, president of the Long Beach Harbor Commission.
