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Transpacific volumes break records at west coast ports as US confidence soars

From The Loadstar:

With the US economy showing no signs of ending its bull run, California’s San Pedro Bay ports, Los Angeles and Long Beach, handled record numbers of containers last year.

Container throughput at Los Angeles hit an all-time high of 9.3m teu, while neighbouring Long Beach is set to announce a record of some 7m teu.

“US consumers are confident and the economy has been strong,” said Long Beach Harbor Commission president Lou Anne Bynum.

Not to be out done by its larger state rivals, the port of Oakland last week reported 2017 as the busiest year in its history, handling 2.4m teu, driven by a 4% increase in imports and a 6.4% year-on-year jump in December.

Read the rest at The Loadstar


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