Container Cargo Volume Dips in March
Decrease comes after 15 consecutive months of growth
April 14, 2011
After experiencing 15 consecutive months of cargo growth, the Port of Long Beach saw a 2.5 percent dip in container volume in March compared to the same period a year ago.
February and March are typically slower months for Port traffic as trade lags behind decreased manufacturing activity in Asia due to the Chinese New Year. Overall, the Port moved 412,235 twenty-foot equivalent container units last month compared to 422,774 TEUs in March 2010.
Imports were down 7.5 percent to 191,211 TEUs, but exports were up by 1 percent to 131,761 TEUs. Empty container moves were up 4.2 percent to 89,263 TEUs. Most empty containers are bound overseas for refilling.
For the latest monthly cargo numbers click here.
For more details on the cargo numbers visit www.polb.com/stats.