News News

US second busiest port concludes record year due to trade with China

日期: 2019-01-29
浏览次数: 3

LOS ANGELES - Thanks to trade with China, Port of Long Beach in California, the second busiest port in the United States, concluded a record year 2018, port officials said Wednesday.

For the first time in its 108-year history, Port of Long Beach handled over 8 million twenty-foot equivalent units in a year, as cargo grew more than 7 percent year-on-year, announced Mario Cordero, executive director of the Port of Long Beach.

'Nearly 70 percent of our import containers come from China, and 40 percent of our exports go there,' Cordero said, adding 'with this trade dynamic, we moved the highest container total ever.'

'We've been a beneficiary in great part because of our geographical location,' Cordero said. Port of Long Beach, a major gateway for trans-Pacific trade, serving 140 shipping lines with connections to 217 seaports around the world.

However, the on-going tariff disputes between the United States and China still cast a shadow over the port's future growth.

'This trade war has been a disaster for my clients,' Kim Masumi of Customs Confidential, a customs broker who works with many import-export companies, told Xinhua. 'It's disrupting their businesses, their supply-chains, and causing a lot more problems than it was supposed to fix. It's got to stop.'

Port officials are counting on the settlement of the conflicts to pave the way for more gains in 2019.

'I'm optimistic because trade is very important to every country in the global community, but more importantly, to the United States and China,' Cordero told Xinhua.

Referring to trade dynamic between the United States and China as one of the most important in the world, Cordero said with so much at stake on both sides of the Pacific, it is believed the two countries can resolve their differences and keep the economies growing.


Share to:
News / Recommended news More
2019 - 12 - 14
Airlines predict better new year following weaker than anticipated 2019 performanceSlowing economic growth and the trade dispute between China and the United States have impacted the aviation industry in 2019, according to global airlines body the International Air Transport Association, or IATA.The association, which represents some 290 airlines, gave an outlook on the industry during the annual ...
2019 - 12 - 12
BEIJING - China took a green path in power generation during the 2014-2018 period, with the continuous expansion of clean energy production, the fourth national economic census showed.In 2018, the country's power generation hit 7.1 trillion kilowatt-hours (kwh), up 31.3 percent from 2013, according to a report on the fourth economic census released by the National Bureau of Statistics Monday.The g...
2019 - 12 - 09
China on Monday officially launched its long-planned national oil and gas pipeline network company, as part of the country's ongoing oil and gas reforms to help meet the nation's increasing energy needs.The newly-formed national pipeline company reportedly will be one among the many central State-owned companies under the State-owned Assets Supervision and Administration Commission of the State Co...
2019 - 12 - 06
Over the past decade, strategic circles in the United States have been debating one question: Does the assumption of China-US engagement still hold?It has be argued that as long as the US clings to its engagement policy with China, the Chinese political and economic systems will become increasingly liberalized. But between 2007, when the book “China Fantasy” by former Los Angeles Times corresponde...
Phone: 86-510-85750782 
Zip code:214031
Address: Room 3606, Block A, Yunhe East Road 555, Wuxi, Jiangsu Province, China
Copyright ©2018 - 2021 Leonzon International Trading Co., Ltd.
犀牛云提供企业云服务