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SoCal Ports Set Records, Though Imports Flat, Trade with China Declines
The neighboring Ports of Los Angeles and Long Beach reported record cargo volume for April, though the import numbers were largely flat compared to the previous year and exports from China declined, against the backdrop of an ongoing trade war.
The Port of Los Angeles handled 736,466 Twenty-Foot Equivalent Units (TEUs) in April, the busiest April in the Port’s 112-year history. The volumes reflect growth of 4.4% compared to last April, and is three percent more than the previous April record in 2017. For the first four months of 2019, Port volumes have increased 4.5% compared to the same period last year.
April 2019 imports were essentially flat at 360,745 TEUs compared to 361,108 TEUs last April. Exports decreased 5.6% to 155,533 TEUs. Empty containers increased 22.5% to 220,189 TEUs.
Meanwhile, across the harbor, cargo volumes handled in April at the Port of Long Beach eclipsed a record set 13 years ago. Dockworkers at marine terminals moved 628,121 twenty-foot equivalent units (TEUs) in April. The previous high was 619,512 TEUs in April 2006.
Imports in April 2019 rose 1.8% to 317,883 TEUs compared to last year. Exports decreased 12.7% to 123,804 TEUs, while empties rose 13.5% to 186,435 TEUs. Total container volume was up 1.6% over April 2018.
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