The port’s export volumes in July stood at 143,875 TEUs, a year-over-year increase of 15.9 percent, despite the strong dollar, which made U.S. exports more expensive overseas.
Import cargo volumes were up 16.2 percent year-over-year in July to 345,912 TEUs. July was the fourth time in the last five months the port reported year-over-year import cargo gains, a sign the U.S. economy is improving.
“These exceptional results are great news for Long Beach and the nation’s economy,” Port of Long Beach Chief Executive Officer Jon Slangerup said in a statement. “We’ve worked closely with all of our stakeholders to prepare for our peak season, which is off to a great start with very strong back-to-school shipments and our best export month in a year. We applaud our partners for their role in these impressive results.”
Overall, for the first seven months of 2015, a total of 3,996,661 TEUs were moved through the port, up 2.8 percent from the same period in 2014, with imports up 1.4 percent and exports down 10.9 percent.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now