Thursday, July 16, 2009

As reported on other blogs - but I'll add it here too - 12:20PM

Long Beach Port Traffic Decline Continues Cargo shipments coming through the Port of Long Beach fell 29 percent in June compared with a year ago, according to figures released Tuesday. Last month, 413,347 cargo container units, or TEUs, moved through Long Beach terminals, compared with 579,675 TEUs in June 2008. Through the first six months of 2009, imports are down nearly 28 percent and exports are off 29 percent from a year ago. While cargo has been consistently lower this year, the June figures are especially disappointing because it reverses a trend of increasing activity that began in March. Around 2 percent fewer containers, or 6,208 TEUs, moved through Long Beach in June compared to May, a sign that international trade remains slow and fewer retailers are stocking up for Christmas. The Port of Los Angeles has not yet released its June cargo figures.

1 comment:

Anonymous said...

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