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Port Traffic Declines In June After Hopes Of Improvement by Ryan ZumMallen | Archive | 07.15.09 |
+  Container traffic moving through the Port of Long Beach fell in June after encouraging months in April and May, recently released statistics reveal. Traffic fell by 2% between May and June during a period when traffic typically experiences a surge due to increased shipping in preparation for the upcoming holiday season. Traffic this June represented a 28.7% decline compared to June of 2008. Similarly, in the first six months of 2009, traffic numbers have hovered around a 28% decline compared to 2008. June statistics remain consistent with 2009 statistics, but insiders had predicted continued improvement this month. Some are predicting that the low totals for June signal a lack of confidence in the 2009 holiday season. A clearer picture will be available when the Port of Los Angeles releases their June figures, which is expected to occur soon. More on this story coming soon... Related Stories: Port of Long Beach
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3 Comments so far.
Jaek Muran What is the minimum amount of traffic the port needs to operate and pay its debt service? Anyone know? Charlie All you have to do is remove that breakwater and your container traffic will be down even further! Joe Weinstein Looking past short-term ups and downs, long term we need to gently phase out global trade, including our own Port traffic. Global trade adds loads of greenhouse gas (carbon fuel emissions) via both industry and goods movement. Resulting global warming and sea-level rise are ALREADY certain to drown low-lying swank LB seaside neighborhoods within decades. The MidHarbor project - if SUCCESSFUL - will set a huge competitive world-class example, whose direct and indirect effect, from promoting notably more trade, will be to drown these neighborhoods notably earlier and deeper.
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LBPOST.com Managing Editor Ryan ZumMallen keeps up on all the current and breaking Long Beach news.
Ryan ZumMallen has served as the managing editor of the LBPOST.com since 2007. He graduated from CSULB with a degree in Print Journalism in 2008 and is a member of the 2009 class of Leadership Long Beach. You can find him on various basketball courts around the city.
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