The Port of Long Beach reports that the economic effects of the COVID-19 pandemic continued to impact trade in April with fewer cargo containers moving through the U.S.’ second-busiest seaport.
Dockworkers and terminal operators moved 519,730 twenty-foot equivalent units (TEUs) last month, down 17.3% from April 2019, which remains the Port’s busiest April on record. Imports slid 20.2% to 253,540 TEUs, while exports declined 17.2% to 102,502 TEUs. Empty containers headed overseas decreased 12.2% to 163,688 TEUs.
The Port moved 2,202,650 TEUs during the first four months of 2020, 9.5% down from the same period in 2019.
Decreased consumer demand during stay-at-home health orders prompted by COVID-19 drove down imports coming into the Port of Long Beach. Exports were hampered by a shift of carrier services.
Source: Port of Long Beach< Return