The total number of containers handled in January at the ports of Los Angeles and Long Beach rose by +1.6 percent on a year-to-year basis (the second consecutive month of year-to-year increases), to 1,001,774 TEUs (twenty-foot equivalent units). The two straight months of improvement are encouraging as the total number of containers handled at Los Angeles and Long Beach (including empties) deteriorated by -17.6 percent in 2009 when compared to 2008. This was the seventh consecutive month of TEU totals above one million units after seven months of TEU totals below that mark.
The Port of Long Beach experienced a gain in trade volumes, as loaded containers grew by +7.4 percent in January from the same month last year. However, at the Port of Los Angeles, total loaded containers were down by -2.4 percent on a year-to-year basis.
Loaded inbound traffic at the Port of Long Beach climbed by +8.6 percent from January 2009 to January 2010, rising from 200,588 TEUs to 217,925 TEUs (excluding empties). The Port of Los Angeles reported a decline in the total number of inbound loaded containers, to 302,693 TEUs in January 2010 compared with 320,379 TEUs in January 2009, a contraction of -5.5 percent.
The Port of Long Beach reported a total of 113,183 outbound TEUs (excluding empties) in the month of January, an increase from 88,510 TEUs in January 2009. The Port of Los Angeles saw a total of 270,276 outbound TEUs for the month of January, a rise of +0.4 percent from January 2009.
The Port of Oakland reported that its total inbound container traffic strengthened from a year earlier, while outbound container traffic dropped. The total number of inbound TEUs was 72,726 in January (68,973 in January 2009), while the total number of outbound TEUs came in at 84,288 (88,969 in January 2009). Over the year, Oakland’s total TEU count was just slightly down by -0.6 percent. (Ferdinando Guerra)