SoCal Ports’ Cargo Falls; Port of L.A. Breaks Ground on New Rail Yard
Total cargo shipments through Southern California ports fell 1% last month, reflecting 9.8% higher volume at Long Beach and a 9.4% decline at Los Angeles.
Separately, the Port of Los Angeles said itÌýbroke ground on a new $137 million rail yard that it expects to open next year andÌýwill generate $1 billion in annualÌýrevenue by 2030.
The December shipment totals included an increase of 19% in imports — measured in industry standard 20-foot container units — at Long Beach and a 6.8% decline at Los Angeles. Export loads rose 5% at Long Beach and fell 16% at Los Angeles.
Some Long Beach terminals were open during , while Los Angeles’ facilities were closed.