After setting a 107-year record in container handling volumes in June, the Port of Long Beach saw a 4.4% decline in container volumes in July compared to the same month a year ago, which also hit a historic high then.
The port attributed the drop to shipping alliances’ decisions in July to shift vessel deployment and port calls. Port officials also raised concerns that escalating tariffs could slow trade activity — thus far the busiest in the Port’s 107-year history — during the remainder of the year.
In total:
- terminals moved 688,457 TEUs through Long Beach last month.
- imports dropped 8.2% to 347,736 TEUs,
- exports fell 5% to 119,747 TEUs
- ships departing the Port took 220,975 empty TEUs overseas, up 2.6 %.
For the calendar year, the Port of Long Beach is on pace for its busiest year ever, topping 2017. Through July, volumes are 11.3% or almost half a million TEUs over the same period in 2017, totaling 4.6 million TEUs. June 2018 volume at the Port was the highest in its history, at 752,188 TEUs.
With 175 shipping lines connecting Long Beach to 217 seaports, the Port handles $194 billion in trade annually, supporting hundreds of thousands of Southern California jobs.