From the Port of Long Beach: Port of Long Beach Breaks 1st Quarter Record
The Port of Long Beach has completed its best-ever first quarter, with marine terminals handling almost 1.9 million twenty-foot equivalent units (TEUs) January through March. The quick start is 19.4 percent more than the first quarter of 2017, the Port’s busiest year ever.
The previous first quarter record was set in 2007.
March throughput reached 575,258 TEUs, an increase of 13.8 percent compared to the same month last year.
“Our March cargo jumped despite the shipping slowdown during the Lunar New Year holiday in China,” said Port of Long Beach Executive Director Mario Cordero.
CR Notes: Exports were up sharply in March. I’ll have more on the LA area port traffic once Los Angeles releases their March statistics.