Port of Long Beach saw reduced box traffic in January with its dockworkers and terminal operators moving 573,772 TEUs in the first month of the year, significantly down 28.4% from January 2022, which was the port’s busiest January on record.
Long Beach’s imports decreased by 32.3% to 263,394 TEUs and exports fell 14.2% to 105,623 TEUs. At the same time, empty containers moving through the port were down 29% to 204,755 TEUs.
Long Beach harbor commission president, Sharon L. Weissman, commented, “We are focused on investing in infrastructure projects that will improve air quality and make us more competitive.”
According to the port of Long Beach, economists say inflation is slowing for purchased goods and may offset rising prices for services, largely depending on how the Federal Reserve adjusts interest rates this year.
