West Coast Ports Cargo Volumes Gain in February
West Coast ports cargo volumes continued their rebound in February, our bill-of-lading trade data shows.
Port of Los Angeles import volumes, measured in TEUs (or 20-foot equivalent units), were up 48% in February compared with the same month a year ago. The top ranked port also saw export TEUs rise a modest 2.8% last month compared with February 2015.
Second-ranked Long Beach moved 36.2% more import TEUs in February ’16 than February ’15. Long Beach’s February export TEUs were up 16.0% year-over-year.
The rebound in volumes handled by the two top West Coast (and US) ports follows on last year’s disruptions to shipment flows caused by labor disputes.
The pace of month-to-month gains has slowed – with the exception of Long Beach’s export TEUs, which climbed 34.3% from January to February.
Otherwise, LA’s February import TEUs rose 1.1% over January’s, and Long Beach’s slipped -0.9% from January. LA export TEUs in February were down -3.1% from the preceding month.
Here’s our data on these two West Coast ports cargo volumes:
- Port Technology Gauges West Coast Port Rally with Datamyne Stats
- ESRI Story Maps Picture LA-LB Port Slowdown Data
- Follow our monthly rankings by US import TEU volumes of Carriers, NVOCCs and Ports in our Free Report Library
Date posted: March 21, 2016