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Article: Port of Long Beach swells shipping business by 15%.
- Article from:
- Los Angeles Business Journal
- Article date:
- August 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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It leaves L.A. port in its wake, with tonnage drop
The Port of Long Beach reported last week a whopping 26-percent surge in container traffic and 15-percent increase in overall tonnage handled in the fiscal year ended June 30, compared with the prior fiscal year.
The growth was mostly a result of shippers increasing their service to and from China, the port's fastest-growing trading partner during that period, said Don Wylie, the port's director of trade and maritime services.
Also last week, the neighboring Port of Los Angeles reported its container traffic grew by only 2.9 percent during the same fiscal year and overall tonnage handled actually fell ...