San Pedro ports slip in April, LA boxes down 1pc and LB off 22.1pc

Time:2016-05-18 Browse:176 Author:RISINGSUN
THE Port of Los Angeles container throughput fell one per cent in April to 656,177 TEU, reflecting a slowdown in global trade, said the port authority.

It was much the same at the neighbouring Port of Long Beach where volumes declined 22.1 per cent in April to 478,842 TEU reflecting a soft retail market and economic stagnation overseas.

Long Beach exports fell 18 per cent to 112,805 TEU as a strong US dollar made American goods less affordable. Imports fell 22.1 per cent to 247,316 TEU and empties were down 25.8 per cent to 118,721 TEU.

"The additional berthing choices offered by vessel alliances are dispersing cargo across more terminals and ports," said Port of Long Beach CEO Jon Slangerup.

"These volume shifts will continue to occur as newly formed alliances take shape. Our long-term outlook remains strong as we continue to invest in our facilities and offer world-class customer service," he said.

Los Angeles imports were up 4.7 per cent in April to 343,574 TEU, while exports fell 1.1 per cent to 144,103 TEU, with empties falling 10.9 per cent to 168,499 TEU year on year.

Said LA port chief Gene Seroka: "While the pace of global trade and US retailer imports has eased recently, our progress on supply chain optimisation has put the Port of Los Angeles on track to drive market opportunities."