Port of Long Beach Cargo Volumes Swell 19.4% in 1Q
The Port of Long Beach has completed its best-ever first quarter, with marine terminals handling almost 1.9 million twenty-foot equivalent units (TEUs) January through March. The quick start is 19.4 percent more than the first quarter of 2017, the Port’s busiest year ever. The previous first quarter record was set in 2007. March throughput reached 575,258 TEUs, an increase of 13.8 percent compared to the same month last year. “Our March cargo jumped despite the shipping slowdown during the Lunar New Year holiday in China,” said Port of Long Beach Executive Director Mario Cordero.
Long Beach Port Launches Zero-Emissions Project
Officials from the Port of Long Beach, Southern California Edison and the California Energy Commission today launched the nation’s largest pilot project for zero-emissions cranes and other cargo-handling equipment for seaports. Funded mostly by a $9.7 million grant from the California Energy Commission, the project will bring 25 vehicles that are zero- or near zero-emissions to Port of Long Beach marine terminals for one year to test their performance in a real-world setting.
Port of Long Beach Welcomes ONE
For three Japanese ocean carriers combining their shipping container business into ONE, the future is bright and it comes in magenta. The future arrives this April. ONE stands for Ocean Network Express, a joint venture of “K” Line, Mitsui O.S.K. Lines and NYK Line that consolidates the three companies’ container shipping units into a single, integrated company. ONE chose the vibrant mix of purple and red to convey the energy and excitement of the new business model with a color that pops amid the muted blue and brown containers crossing the docks. “We’re very excited.
Port of Long Beach Uses Education to Boost its Competitiveness
The Port of Long Beach said it has not lost sight of the significance of professional development in supporting the Port‘s decade-long, $4 billion investment in upgrades and efficiency improvements. The port’s commitment to boosting its competitiveness in the long term extends beyond rebuilding and replacing outdated facilities and infrastructure, to ensuring its human resources are prepared to help build the port of the future. “Having a full understanding of all the operations…
22 Seaports to Receive AAPA Awards
The American Association of Port Authorities (AAPA), a trade group representing port authorities throughout the Western Hemisphere, has selected 22 seaports to be recognized for exemplary projects, programs and initiatives at its annual awards event later this summer. The awards, for achievements in facilities engineering, environmental improvement, information technology and communications, will be presented to winning ports at a Sept. 14 luncheon in conjunction with AAPA's 100th Annual Convention in Seattle (https://www.aapa2011.org/main.aspx), which runs Sept. 11-15. * the Port of Long Beach, winner of the 2011 Dan Maynard Communications Award for Overall Excellence, which is bestowed on the port earning the most award points in AAPA's Communications Awards Program competition.
Panama Canal Partnership with Long Beach
Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Port of Long Beach (POLB) Executive Director Richard D. Steinke signed a Memorandum of Understanding (MOU) in Panama aimed at generating new business and economic growth and promoting international trade between Long Beach and the East Coast of Latin America via the Panama Canal. Both parties asserted their commitment to mutual cooperation at the official ceremony, which took place at the ACP’s Administration Building.
Asia-U.S. Trade to Grow 7%
About 500 people gathered at the Long Beach Convention Center for the event, which brings together a panel of shipping and trade experts to offer their perspectives on industry trends and how they affect the San Pedro Bay port complex. One of the panelists, Drewry Maritime Research Senior Quantitative Economist Mario Moreno, predicted Asia-U.S. trade will grow 6.8 percent in 2018, the fastest pace in more than half-a-dozen years. He also estimated the overall U.S. economy will expand 2.8 percent.
Port of Long Beach Cargo Dips
Container volume at the Port of Long Beach was down 7.7 percent in July compared to the same month in 2015, when harbor terminals handled a record amount of cargo. Dockworkers moved 637,091 twenty-foot-equivalent units (TEUs) last month. Imports totaled 325,608 containers, a 5.9 percent year-over-year decrease. Exports numbered 142,812 TEUs, a slight drop of 0.7 percent. Empties decreased to 168,671, 15.9 percent lower than July 2015, the Port’s strongest July on record. Due to continued market uncertainty and high inventory levels…
Record Cargo Numbers Continue at Long Beach Port
For the second month in a row, the Port of Long Beach broke its own record for cargo volume in its 104-year history. In a clear sign that customers are confident in the Port, overall cargo volume grew by 22.8 percent in August compared to the same month last year. Cargo volume, measured by the number of containers moving through the Port, reached 703,652 twenty-foot equivalent units (TEUs). The amount beats July’s cargo volume and marks two consecutive months of record-breaking volumes. A total of 1,393,896 TEUs moved through the Port of Long Beach in July and August.
Long Beach Harbor Commissioners Adopt Budget
The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach. The budget, which will be presented to the Long Beach City Council for its consideration, designates $555 million for capital investments including the Port’s major terminal redevelopment and bridge replacement projects. For the fiscal year starting Oct. 1, 2015, the budget anticipates a 6.1 percent increase in operating revenue over the current fiscal year’s income.
Port of Long Beach Awarded FEMA Security Grants
The Port of Long Beach’s Security Division has been awarded $3.4 million in Federal Emergency Management Agency (FEMA) grants to fund ongoing projects that protect the port. The grants will enhance port security systems such as physical security equipment and monitoring and detection systems, including the Virtual Port System, and improve the resiliency of port security systems, the port said. “Protecting workers and the community, as well as ensuring business continuity, are top priorities at the Port of Long Beach…
Mega Containership to Receive US Inauguration
The largest containership ever to dock at a North American seaport has returned to Southern California. The Benjamin Franklin will officially enter service for the first time on Friday in Long Beach following an inauguration ceremony hosted by French shipping line CMA CGM and attended by elected leaders, port officials and industry executives. The CMA CGM Benjamin Franklin, which has a container capacity of 18,000 twenty-foot equivalent units (TEUs) or 9,000 40-foot-long boxes, arrived Thursday morning at Pier J’s Pacific Container Terminal (PCT).
Long Beach Cargo Continues to Climb
Cargo container traffic rose 7.3 percent in September at the Port of Long Beach compared to the same month last year, making for the Southern California seaport’s busiest September since 2007, the Port’s peak year. A total of 629,771 TEUs (twenty-foot equivalent units) was moved through the Long Beach Harbor in September. Of those, 339,343 TEUs were imports, up 10.2 percent compared to September last year. Exports declined 12.1 percent to 118,412 TEUs. Empty container moves increased 19.1 percent to 172,016 TEUs. Empties are typically repositioned overseas to be refilled with goods.
POLB Chief to Leave for Oakland
Christopher Lytle, Port of Long Beach Executive Director since November 2011, will resign to take the top post at the Port of Oakland. Lytle will remain at Long Beach until mid-July, and is expected to begin his new job in Oakland shortly thereafter. He joined the Port of Long Beach in 2006 as a managing director, was promoted to Deputy Executive Director and Chief Operating Officer in 2008 and became the Port’s top executive after the retirement of longtime executive director Richard D. Steinke.
Port of Long Beach Begins Rail Expansion Project
The U.S. Department of Transportation’s Maritime Administrator David Matsuda attended a ground breaking ceremony today for the Green Port Gateway, a major port-to-rail infrastructure expansion project that will help reduce congestion and improve the environment near the Port of Long Beach by shifting more cargo from trucks to trains. The project was funded in part by a $17 million TIGER (Transportation Investment Generating Economic Recovery) grant. “Ports are critical for our country’s economic growth and success,” said U.S. Transportation Secretary Ray LaHood. When completed, the $83.5 million infrastructure investment project will…
Long Beach Cargo Dips with Congestion
Lingering congestion at West Coast seaports drove down container cargo by 18.8 percent in January at Long Beach compared to the same month last year, the port announced. Overall, 429,490 TEUs of containerized cargo moved through the Port of Long Beach in January. Imports numbered 213,667 TEUs, a 23.5 percent decline from January 2014. Exports slid 19.6 percent to 98,462 TEUs. Empty containers declined 7.6 percent to 117,361 TEUs. According to the port, the dramatic drop in cargo volume is due to congestion and contract issues plaguing the West Coast ports recently.
Port of Long Beach Sponsors Logistics Academy
At its third annual Celebrating Education event, held at McBride High School on Thursday, May 12, the Port of Long Beach recognized scholarship and high school internship recipients and announced a new initiative to broaden its educational outreach through a specialized academy at Cabrillo High School, which is located in the vicinity of the Port. The Port of Long Beach Academy of Global Logistics was announced by Harbor Commission Vice President Lou Anne Bynum at the event. Mayor Robert Garcia…
Long Beach Port Delivers Best Quarter
With the best September in its 104-year history, the Port of Long Beach last month moved enough cargo volume to also achieve its busiest quarter, signaling a return to pre-recession trade levels. Many of the popular Halloween and holiday items on U.S. store shelves today were brought through the harbor in recent months. Retailers are stocking costumes, decorations and other goods in order to meet consumer demand. Measured by individual containers of freight, cargo volume at the Port of Long Beach climbed 4.1 percent in September compared to the same period last year…
Long Beach Awards Sovcomflot for Green Shipping
PAO Sovcomflot earned the Green Environmental Achievement Award from California's Port of Long Beach, recognizing the shipper for its ongoing commitment to environmental stewardship. The company was awarded for its fleet performance by the Port of Long Beach Green Flag Program in 2015. This voluntary program was set up to reduce the atmospheric emissions of vessels by encouraging ships to slow down when approaching the port. A commemorative Green Flag is granted to operators that demonstrated that 90 per cent or more of all its vessel trips complied with the Program…
Fitch Grade Port of Long Beach TIFIA Loan 'AA-'
Fitch Ratings has assigned an 'AA-' rating to the Port of Long Beach's $325 million TIFIA loan agreement, issued by the city of Long Beach, California for the Gerald Desmond Bridge Project, according to 'Business Wire'. The Rating Outlook is 'Stable'. The rating on the TIFIA loan reflects the subordinate claim on gross revenues, together with the port's strong market position as the second largest U.S. container port, with resilient revenues stabilized by long-term contractual…
Port of Long Beach Reports Strong May
Cargo rose at the Port of Long Beach by 6 percent in May, the third consecutive month of growth, the busiest month since October 2007, and the busiest May since 2006. A total of 635,250 TEUs of containerized cargo were moved through the port in May. Imports numbered 327,317 TEUs, a 4.8 percent increase from the same month last year. Exports decreased 7.4 percent to 135,855 TEUs. Empty containers rose 22.6 percent to 172,078 TEUs. With imports exceeding exports, empty containers are sent overseas to be refilled with goods.
Long Beach Port Leads Way to Clear Backlog of Containers Due to Hanjin Bankruptcy
The Port of Long Beach is helping to clear a significant backlog of empty cargo containers from Southern California and free up the chassis they sit on, as part of an agreement with terminal operator Total Terminals International (TTI) to bring in a container ship to remove up to 4,300 empty containers. The bankruptcy of Hanjin Shipping declared on Aug. 31 resulted in a significant buildup of empty containers across Southern California, tying up the chassis they rest on. “The Port of Long Beach recognized the urgency to alleviate the shortage created by the estimated 6…
Long Beach Picketers Not Striking -Port CEO
Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike. “The Teamsters union started informational picketing this morning at the Port of Long Beach. To be clear, this is not a strike,” Slangerup said. “Dockworkers have reported to work and truckers have been able to enter and exit the affected terminals without delay. We do not expect that there will be any adverse impact to Port terminals or our ability to continue the outstanding progress that everyone has made in recent weeks to clear the congestion backlog and return to normal operations.