More Californian container handling
The Port of Long Beach and the Port of Los Angeles have delayed their consideration of the “container dwell fee” until 25 March - and probably further. Still, the San Pedro Bay ports – Long Beach and Los Angeles combined – have seen a 64% decline in aging cargo on the docks since the programme was announced in October 2021.
Meanwhile, the Port of Long Beach witnessed the busiest month of February in its history. The port handled almost 797,000 teu, up 3.2% from the same month last year. Imports increased 4.4% to 390,000 teu, while exports declined 1.2% to 118,000 teu. Empty containers moved through the port were up 3.5% to 288,000 teu.
Although trade typically slows in February as East Asian factories close for up to two weeks to celebrate the Lunar New Year, the port was busier than usual due to continued work to clear shipping terminals and reduce the number of vessels waiting to enter the port. (sh)