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<\/a>A photo of the Port of Long Beach is displayed behind Noel Hacegaba, CEO of the Port of Long Beach, during his first State of the Port address in Long Beach on Thursday, Jan. 15, 2026. Photo by Thomas R. Cordova.<\/p>\nThe two ports together account for about half of all U.S. imports, contributing an estimated $300 billion to the national gross domestic product, $84.5 billion in regional tax revenue, and supporting more than a million jobs statewide.<\/p>\n
It follows a strong decade, during which cargo spiked 40% since 2015, with consecutive gains every year except 2022 and 2023.<\/p>\n
That includes a record 4.8 million TEUs in imports. Furniture, auto parts, solar cells and kitchenware remain the top commodities freighted into Long Beach, while most of the more than a million TEUs leaving are filled with petroleum coke, recyclables, animal feed and soybeans.<\/p>\n
In the next 10 years, the port plans to spend $3.2 billion to renovate aging terminals, expand its rail yard and construct new wharves to make room for a flow of annual cargo that Hacegaba wants to double in the next 25 years.<\/a><\/p>\n Plans include the $365 million construction of a unified wharf at Pier G, used by the International Transportation Service, which will add 19 acres of land by filling in a water slip and thereby allow operators to berth larger ships.<\/p>\n The project, which broke ground in July, is expected to be completed in 2028.<\/p>\n Hacegaba also touched on the $1.8 billion expansion of their rail yard,<\/a> which, once completed in 2032, will double its acreage and triple its annual cargo capacity, which also reduces the amount of trucks crisscrossing the nearby freeways that besmog surrounding neighborhoods.<\/p>\n The year should also bring $53 million in improvements to upgrade harbor-area streets.<\/p>\n In general, the port is expecting another good year, Hacegaba said. That is the case despite uncertainty over the Trump administration\u2019s plans to maintain or raise federal tariffs on overseas goods.<\/p>\n Last spring, President Donald Trump raised the taxes that the U.S. charged on imports to levels not seen in a century. He imposed a 145% tariff on Chinese goods<\/a>, but later lowered it to a minimum levy of 30%. Chinese products constitute 60% of all incoming cargo at the Port, Hacegaba said.<\/p>\n