Port of Long Beach: Rail Infrastructure Upgrades for Increased Cargo

Introduction

In May 2024, the Port of Long Beach handled 739,760 twenty-foot equivalent units (TEUs), marking a 15.3% increase compared to May 2023. This rise in cargo volume was detailed in the port’s recent performance report.

Increased Cargo Volume

The Port of Long Beach reported that imports rose by 17.6% to 376,438 TEUs, while exports increased by 6.6% to 123,025 TEUs. Empty containers moved through the port also saw a significant increase, up 17.5% to 240,300 TEUs. This surge in volume follows a trend of recovery after a period of slowdown.

Operational Efficiency

The port’s Executive Director, Mario Cordero, highlighted the efforts made to enhance operational efficiency. These efforts are aimed at processing a larger volume of cargo. Cordero noted that the port is working to improve service levels.

Future Outlook and Development

The Port of Long Beach continues to focus on infrastructure improvements to support the increasing cargo volume. These projects include upgrades to terminal facilities and enhancements to the rail network, such as the Pier B On-Dock Rail Support Facility. The port handled 3,694,228 TEUs during the first five months of 2024, a 15.3% increase compared to the same period in 2023.

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This positive trend indicates a strong recovery in cargo movement at the Port of Long Beach.

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Conclusion

The Port of Long Beach experienced a substantial increase in cargo volume in May 2024, with significant growth in imports, exports, and empty containers. The port’s focus remains on operational efficiency and infrastructure development to manage the growing cargo traffic.

Company Summary

Port of Long Beach: The Port of Long Beach is a major seaport in the United States, handling a significant volume of container cargo. It is known for its extensive infrastructure and its role in international trade.