Strong cargo volume continued at the Port of Long Beach in November with 6.6 per cent growth in container trade over the same month last year. It was the fifth straight month of increases and enough cargo to rack up the second-busiest November in the Port’s 104-year history.
Upcoming post-holiday sales planned by retailers across the country drove the Port’s strong cargo numbers.
Port Traffic, LA
On a rolling 12 month basis, inbound traffic was up 0.5 per cent compared to the rolling 12 months ending in October. Outbound traffic was down 0.4 per cent compared to 12 months ending in Octo- ber.
The recent downturn in exports might be due to the strong dollar and weakness in China.
Imports were up 6 per cent year- over-year in November; exports were down 5 per cent year-over-year.