Port of Long Beach records second busiest November in its history
DEC 11, 2015: Port of Long Beach recorded fifth straight month of increased container trade with a 6.6 percent growth in November. The port recorded a traffic of a total of 619,699 TEU in November. While imports accounted for a 4.3 percent growth to 306,654 TEUs, exports fell by 4 percent to 124,717 TEUs. Empties tallied 188,328 containers, a 19.5 percent increase over November 2015. The growth in container numbers was driven by post holiday sales planned by retailers across the country. “Thanks to our industry partners, we have had consistent gains throughout 2015 and are on track to move more than 7 million TEUs this year,” said Port of Long Beach CEO Jon Slangerup. “Retailers have reported a modest but healthy holiday season, which keeps us busy and the economy growing.” Based on current projections for December, the Port expects to surpass 7 million TEUs in 2015, which would be only the third time in its 104-year history.