Record Long Beach volumes mask trouble ahead as capacity tightens, warns LB boss

The port of Long Beach announced record traffic volume for the past month, but its management is in no mood for celebrations. CEO Noel Hacegaba attributed the increase to disruptions rather than market growth and warned of economic concerns as well as capacity challenges. At 919,922 teu, the port’s August throughput was up 2% year on year, setting a new record for the month. Imports were up 3.6%, while exports climbed ... The post Record Long Beach volumes mask trouble ahead as capacity tightens, warns LB boss appeared first on The Loadstar .