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…