Port of Long Beach Hits Record-Breaking June
The Port of Long Beach has recorded its busiest June ever, driven by strong consumer spending, potential tariff increases, and ongoing labor contract negotiations at seaports along the East and Gulf coasts.
In June, dockworkers and terminal operators processed 842,446 TEUs, representing a 41.1% increase compared to the same month last year. This number also surpassed the previous June 2022 record by 7,034 TEUs.
“We are recapturing market share and consumer spending is driving cargo to our docks as we head into the peak shipping season. I see modest growth for the second half of 2024 as we strengthen our competitiveness and continue to invest in our rail infrastructure projects that will maximize cargo velocity efficiently and sustainably for decades to come," explained Mario Cordero, CEO at Port of Long Beach.
Imports saw a significant rise of 53% to 419,698 TEUs, exports grew by 4% to 98,300 TEUs, and the movement of empty containers increased by 42.1% to 324,448 TEUs.
For the first half of 2024, the port has handled 4,291,626 TEUs, marking a 15% increase compared to the same period last year.
"Our waterfront workforce and terminal operators are delivering top-notch customer service by promptly processing a hefty increase in containers during the very busy summer months. We are focusing on our efforts to keep cargo flowing smoothly and secure our position as the premier gateway for trans-Pacific trade," stated Bobby Olvera Jr., president of the Long Beach Harbor Commission.