After a healthy start to the year, cargo volumes fell 16.6% in May year-over-year, and volumes are down 6% for the year.
June 12, 2019 at 04:00 AM
1 minute read
The original version of this story was published on Globe Street
Cargo volumes declined at the Port of Long Beach in May. After several months of growth, cargo volumes fell 16.6% in May year-over-year. May 2018 was a record-breaking month for the port. However, cargo volumes are now down 6% for the year.
In May, the port moved a total of 573,623 twenty-foot equivalent units. Imports decreased 19.5% to 290,568 TEUs, and exports declined 15.3% to 120,577 TEUs, while empty containers sent overseas dipped 11.7% to 162,479 TEUs.
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