The ports of Long Beach and Los Angeles have reported lower cargo volumes in February than in the same period last year.
The Port of Long Beach said in a statement that “cargo numbers were affected by the Lunar New Year, a holiday celebrated in China and other countries in East Asia. The holiday fell on Jan. 31 this year, and it started a two-week period during which many businesses in Asia close their doors to allow employees to be with their families; production is minimal and business is slow. Because of the time for vessels to cross the Pacific, the port is impacted from mid-February to early March.”
A total of 517,173 TEUs moved through the Port of Long Beach during February, a decrease of 2.6 percent. Also at Long Beach, imports totaled 271,671 TEUs, down 2.7 percent; exports totaled 143,572 TEUs, up 2.1 percent; and empties totaled 101,930 TEUs, down 8.3 percent.
At the Port of Los Angeles, a total of 559,786 TEUs were handled, a decrease of 8.9 percent. Imports totaled 284,812 TEUs, down 10.6 percent; exports were 146,926 TEUs, down 6.2 percent; and empties were 128,048, down 8.4 percent.