The Port of Long Beach had its busiest and busiest June on record, spurred by increased consumer demand as retailers stock shelves for back-to-school shopping.
Dockworkers and terminal operators moved 835,412 twenty-foot equivalent units in June, up 15.3% from the same month last year and surpassing the previous record set in June 2018 of 83,224 TEUs. Imports increased by 16.4% to 415,677 TEUs, while exports decreased by 1.4% to 115,303 TEUs. Empty containers passing through the port jumped 21.6% to 304,433 TEUs.
“We anticipate a robust summer season as consumer demand continues to drive cargo to our docks,” Port of Long Beach Executive Director Mario Cordero said. “We expect to remain moderately busy in the coming months, and will work to quickly process containers waiting at the port.”
“Our waterfront workforce continues to move cargo at a record pace,” said Long Beach Harbor Commission Chairman Steven Neal. “Our strong partnerships with labor and industry continue to make us a leader in trans-Pacific trade.”
The influx of goods came as pandemic-induced shutdowns were lifted in China, retailers stocked up on back-to-school supplies and continued consumer demand remained robust despite inflation and the potential threat of an economic recession in 2023. Consumer spending is expected to remain strong through the end of this year due to a strong job market, but rising costs for food, gas, utilities and other goods is a blow to consumer confidence.
The port moved 5,007,778 TEUs in the first half of 2022, up 5.3% from the same period last year. It was also the port’s best quarter overall with 2,547,119 TEUs moved from April 1 to June 30, beating the previous record set during the first quarter of 2022 of 86,460 TEUs.
Source: Port of Long Beach