Port of Long Beach

Earlier this month, Fort Worth, Texas-based Class I railroad carrier BNSF Railway said it plans to invest more than $1.5 billion into what it described as a Southern California “state-of-the-art master-planned rail facility,” adding it is the first being developed by a Class I railroad.

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week. Going back to when the fee was initially rolled out on October 25, 2021, POLA and POLB said that the ports have seen a cumulative 52% decline in the amount of aging cargo on their docks.

Going back to when the fee was initially rolled out on October 25, 2021, POLA and POLB said that the ports have seen a cumulative 46% decline in the amount of aging cargo on their docks.

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes.

Going back to when the fee was initially rolled out on October 25, 2021, POLA and POLB said that the ports have seen a cumulative 26% decline in the amount of aging cargo on their docks, a tally which has trended up going back to the initial announcement of this fee.

Total June POLA volume—at 876,111 TEU (Twenty-Foot Equivalent Units)—edged out June 2021 by 0.02%, for the highest-volume June in the port’s 115 years of operations, and total Port of Long Beach volume—at 835,412 TEU—saw a 15.3% annual increase, topping June 2018’ by 83,224 TEU, as the new POLB June high.

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021.

Ocean shipping continues its rough passage

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021.

Total May POLA volume—at 967,900 TEU (Twenty-Foot Equivalent Units)—was off 4.36% annually, while still marking its third-highest-volume month on record. And total May POLB volume came in at 890,989 TEU, down 1.8% compared to May 2021, but representing the second-highest-volume month in the port's history.

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021.

This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021.

Going back to when the fee was initially rolled out on October 25, 2021, POLA and POLB said that the ports have seen a cumulative 48% decline in the amount of aging cargo on their docks, a tally which has trended up going back to the initial announcement of this fee.

Total April POLA volumes—at 887,357 TEU (Twenty-Foot Equivalent Units)—were off 6.29% compared to April 2021. Despite the decline, POLA said that this tally marked the second-highest April in the port’s history, with April 2021’s 946,966 TEU the highest April for the port. Total POLB volume came in at 820,718 TEU, for a 10% annual increase, and setting a new April record, topping the previous record set in April 2021.

The Port of Los Angeles (POLA) and the Port of Long Beach (POLB) said late last week that they have again postponed the implementation date for their ocean carrier Container Dwell Fee, which will now not be considered until May 20. This follows previous joint announcements by POLA and POLB, whom collectively account for roughly 40% of United States-bound import volumes, indicating that consideration of the fee would be pushed back each week going back to the week of November 22, 2021.