Shipping container volumes continued to rise at the Port of Long Beach in November after the busy late summer and early fall season. The numbers could point to an uptick in the economy.
According to a news release from the port, 569,599 TEUs moved through the Port of Long Beach in November. The November number was 2.5 percent higher than November 2012 figures. TEU stands for 20-foot equivalent container units.
The increase in cargo containers came after the oceanic shipping industry’s peak season between August and October when retailers get ready for holiday shoppers.
Imports that arrive in November are typically planned for store shelves in the New Year, the port news release said.
Imports increased 6.5 percent, and exports rose 9.9 percent for the month. The export total of 151,950 TEUs is the second-highest number the port has seen all year. Empty containers dropped by 12.7 percent to 121,011 TEUs, a difference port officials said coincided with a rise in U.S. exports.
Cargo container numbers have been higher all year at Long Beach.
“For the first 11 months of calendar year 2013, cargo container volume is up 12.1 percent – including 14.4 percent more imports, 10. 8 percent more exports and 8.6 percent more empties,” the port release states.
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