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Port of Long Beach enjoys busiest February ever
Date:2022-03-17 Readers:
THE Port of Long Beach moved 796,560 TEU of container cargo in February, up 3.2 per cent from 2021, with the port achieving its busiest February on record, reports the American Journal of Transportation.

Imports increased 4.4 per cent to 390,335 TEU, while exports declined 1.2 per cent to 117,935 TEU. Empties were up 3.5 per cent to 288,290 TEU.

"We are moving record amounts of cargo and catching up with the ongoing surge of imports," said Port of Long Beach executive director Mario Cordero.

"Meanwhile, we are proceeding with measures we will need in the long term, such as development of our Supply Chain Information Highway data solution, which provides greater cargo visibility, connectivity, and predictability."

Said Long Beach Harbour Commission president Steven Neal: "New records continue to be set by our hardworking workforce,"

"We are collaborating with our industry partners to keep the supply chain moving as efficiently as possible."

Economic activity is anticipated to rebound after inflation cut into consumer spending during the first quarter of 2022.

However, it remains unclear how the war in Ukraine will affect the economy and financial markets.
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