Kamis, 16 Januari 2014

Combined cargo traffic at ports of Los Angeles, Long Beach surprisingly strong in 2013, economist says

Goods motion with the nation’s busiest seaport complicated posted much better than anticipated leads to 2013, a sign the actual economy is finally upon the mend, a prime economist mentioned Wednesday.

Whilst cargo in the Port of Los Angeles was down in 2013, powerful growth there more than the final 2 months, mixed along with steady improvement in the Port of Lengthy Beach meant the complicated reported a 3 % improve in general cargo.

Ferdinando Guerra, international economist using the Los Angeles County Economic Development Corp. and also a participant in the actual District Export Council of Southern California, credited a robust peak period and second half from the year.

“I’m pleasantly surprised, ” he mentioned. “No one could afford foreseen this kind of a robust November and December. Which means retailers are expecting stronger revenue to begin with section of 2014. It’s terribly encouraging. ”

The actual Port of Lengthy Beach, that released the preliminary numbers Wednesday, moved concerning 4 % a lot of cargo last month compared along with December 2012.

The actual port moved concerning 6. 73 million container units in 2013, an 11 % jump from 2012, creating 2013 the actual third-busiest year inside the port’s history, spokesman Art Wong mentioned. The very first and second busiest many a long time were in 2006 and 2007, once the port moved greater than 7 million units, he mentioned.

At the same time, in the Port of Los Angeles, container volumes for December jumped 11. 09 % compared along with December 2012, variety the actual port attributes to shippers seeking to maneuver goods prior to factories shutter to the Chinese New Year festivities.

Container volumes in the Port of Los Angeles dipped 2. 59 % to 7. 87 million units in 2013 compared along with 2012.

Still, Los Angeles port officers are encouraged.

“L. A. finished the actual year powerful, notably the final 2 months, and it is seeking to develop regarding that in 2014, ” port spokesman Phillip Sanfield mentioned.

Mixed, the actual twin ports show a robust growth of 3 to 4 % for 2013, along with imports up 3. 9 % and exports by 1. 2 %, Guerra mentioned.

“All indicators purpose to a robust 2014, ” Guerra mentioned. “The international condition is basically improving, Europe is released of the recession, and there’s bigger growth in Japan, Korea and Japan. ”

Concerning 75 % of all containers coming in and from the twin ports are associated with China, Japan, Korea and Taiwan, along with most of the associated with China, Guerra mentioned.

There is likewise growth in Southeast Asian countries, particularly in Vietnam.

Guerra mentioned Vietnam can play a much bigger role in international trade as production of attire moves from China to Vietnam.

Whilst short-term growth seems to become powerful, long-term growth can depend upon key trade problems in subsequent few many a long time, as well as the actual expansion from the Panama Canal, Guerra mentioned.

Get in touch with Karen Robes Meeks in 562-714-2088.

cargo news :  http://www.presstelegram.com/general-news/20140115/combined-cargo-traffic-at-ports-of-los-angeles-long-beach-surprisingly-strong-in-2013-economist-says

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