Volume down at Los Angeles, Long Beach
LOS Angeles and Long Beach continue to demonstrate that the recovery in world trade is still to begin, with both ports posting steep declines in containerised imports for April.
Los Angeles reported a 15% drop in import containers compared with April 2008, at 279,194 teu. Long Beach returned even worse figures, with a 23% decline in import containers to 199,051 teu.
About 40% of total US containerised imports are received through the southern California port complex that includes Los Angeles and Long Beach and import figures from them provide a snapshot of US consumer demand.
Total throughput at both ports for April was down as well.
Los Angeles handled 532,124 teu in April, a decline of 12%, while Long Beach handled 408,705 teu, a decline of 22%.
For the year to date, Los Angeles and Long Beach remain 16% and 29% behind, respectively, on total containers handled.
The only glimmer of hope at both ports was that physical teu counts were higher in April than in March.
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