Port of Long Beach Eyes Record 2025 Cargo Volume After Strong Year<\/a><\/p>\nUnder the leadership of new chief executive Noel Hacegaba, the port plans to invest to be ready to double the cargo it processes by 2050, which is also the year the port is hoping to achieve zero carbon emissions. \u201cWe have 24 years to figure this out and ensure we can handle double our capacity,\u201d Hacegaba said.<\/p>\n
The forecast predicted the Port of Long Beach will handle the equivalent of 20 million containers in 2050, up from 9.8 million containers last year. Hacegaba, who joined the port in 2010 and began his CEO role on Jan. 1, said he is focused on upgrading the port\u2019s operations, stating that its future depends on investments in infrastructure and efficiency.<\/p>\n
\u201cA lot of what I\u2019m going to do as chief executive resembles what a head coach of a football team would do,\u201d Hacegaba said. \u201cI want us to move to a hurry-up offense.\u201d<\/p>\n
Managed by the city\u2019s Harbor Department, the port currently handles about $300 billion in cargo annually and supports 2.7 million jobs in the U.S. The port accounts for 534,000 jobs in Los Angeles and Orange counties and 1.14 million jobs in California. Hacegaba is looking forward to increasing those numbers. \u201cIf we double our throughput, there\u2019s no question we\u2019re going to need a bigger workforce to handle that,\u201d he said.<\/p>\n
After a year under the Trump administration, some things have changed for the port. Trade with China used to account for 70% of the port\u2019s cargo handling, but after President Trump\u2019s tariffs on Chinese exports, that amount has fallen to 60%. Much of the movement has shifted to Vietnam, which takes longer to travel to and from, Hacegaba said.<\/p>\n
Breaking cargo records in 2025 \u201cis remarkable when you consider everything that we\u2019ve gone through as an industry and as an economy,\u201d he said. At one point, President Trump imposed a nearly 150% tariff on Chinese goods, but as of November, the tax on many goods from the country was 47%. Trump also imposed steep taxes on imports from other key trade partners, including Mexico and Canada. As a result, cargo volumes varied drastically by month at the Port of Long Beach and the Port of Los Angeles.<\/p>\n
Source: IndexBox Market Intelligence Platform\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"According to a report from Yahoo Finance, the Port of Long Beach handled a record amount of cargo…\n","protected":false},"author":2,"featured_media":131792,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[36575,36576,131,133,132,23571,36577],"class_list":{"0":"post-131791","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-long-beach","8":"tag-global-logistics","9":"tag-global-trade","10":"tag-long-beach","11":"tag-long-beach-headlines","12":"tag-long-beach-news","13":"tag-supply-chain","14":"tag-supply-chain-management"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/131791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=131791"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/131791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/131792"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=131791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=131791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=131791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}