Parking Lot In The Pacific Persists As Imports Jam U.S. Ports
By Brendan Murray (Bloomberg) Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week amid a steady flow of imports at some of the...
The Port of Long Beach has reported its busiest November on record as retailers make the final push before the holidays.
Dockworkers and terminal operators moved 783,523 twenty-foot equivalent units of container cargo last month for 30.6% jump compared to November 2019.
The strong volumes could be attributed to imports which jumped a similar 30.5% to 382,677 TEUs. Exports were down 5.2% to 117,283 TEUs. Empty containers shipped overseas rose an astounding 55% to 283,563 TEUs, reflecting the significant trade imbalance and contributing to freight rates that have soared to record highs.
“Online shopping and PPE purchases are on the rise as consumers continue the stay-at-home lifestyle, but the overall economic outlook is uncertain with another wave of COVID-19 spreading across the country,” said Mario Cordero, Executive Director of the Port of Long Beach. “We’re dealing with the surge in containers by partnering with stakeholders, utilizing a temporary storage yard and prioritizing dual transaction truck trips that balance inbound and outbound cargo flows.”
The Port of Long reported it had 87 container ship calls in November, 17 of which were unscheduled vessels that made up for voyages canceled earlier this year.
Year-to-date, the Port of Long Beach has moved 7,297,430 TEUs during the first 11 months of the year, 4.7% up from the same period in 2019.
“We appreciate the strong effort of our dockworkers who are moving an incredible amount of cargo during the second half of 2020 after a slow start for the year,” said Long Beach Harbor Commission President Frank Colonna. “We remain cautiously optimistic and intend to maintain the high level of service that the Port of Long Beach is known for.”
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