Long Beach Container Volume Up 18.3% in March
Inbound container volume at the Port of Long Beach climbed 18.3 percent and exports rose by 10 percent in March, compared to the same period a year ago, the port authority said. Overall container volume through the port was up…
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12 percent, it said, as port terminals handled 461,600 twenty-foot equivalent container units (TEUs) last month, compared to 412,250 TEUs in March 2011. For the calendar year, container volumes at the port are down 2.9 percent, compared to the first three months of 2011. Analysts expect modest growth in trade volume for 2012. Import containers accounted for 226,150 TEUs in March compared to 191,200 TEUs in the same period last year. Export containers hit 144,850 TEUs compared to 131,750 TEUs a year ago.