Despite recent Trump administration tariffs and trade policies, the Port of Long Beach set a record high for container volumes over the past year.<\/p>\n
Noel Hacegaba, chief operating officer of the Port of Long Beach, said at the annual State of the Port address Thursday that the Long Beach port handled 9.9 million TEUs, or 9.9 million 20-foot equivalent containers.<\/p>\n
\u201cAlong with our top imports like electronics, furniture and clothing came millions of Disney\u2019s Ultimate Stitch interactive plush doll, the hottest toy from this past Christmas,\u201d he said.<\/p>\n
The port imported a record 4.8 million TEUs, Hacegaba said, as importers looked to get ahead of the tariffs. Export numbers were over 1 million TEUs, \u201cnot our highest ever, but still strong considering all the retaliatory tariffs imposed on U.S. exports,\u201d Hacegaba said.<\/p>\n
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Changing trade patterns<\/p>\n
The last year saw a global trade war after President Donald Trump imposed tariffs on nearly all imports \u2014 \u201cthe highest tariffs since the Great Depression\u201d imposed on pretty much every U.S. trading partner, Hacegaba said. And while the tariffs did not affect overall container volumes, he said, they \u201creshape trade patterns.\u201d<\/p>\n
Six years ago, he said, about 70% of cargo volume was tied to China. That has now dropped to 60% with more cargo coming in from Vietnam, Thailand and other Southeast Asian countries.<\/p>\n
Outlook for 2026<\/p>\n
Hacebaga said this year\u2019s key economic indicators show \u201csigns of uncertainty, with unemployment rates higher than they were last year and inflation trending down. Consumer spending showed some signs of slowing down as lower-income groups cut back on spending on nonessential goods.\u201d<\/p>\n
\u201cThe only certainty is more uncertainty,\u201d he also said, adding that the port is still projecting another 9 million TEUs this year, \u201cmaking it one of our top five busiest years ever.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Despite recent Trump administration tariffs and trade policies, the Port of Long Beach set a record high for…\n","protected":false},"author":2,"featured_media":135286,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[131,133,132],"class_list":["post-135285","post","type-post","status-publish","format-standard","has-post-thumbnail","category-long-beach","tag-long-beach","tag-long-beach-headlines","tag-long-beach-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/135285","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=135285"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/135285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/135286"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=135285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=135285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=135285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}