NEWS\\\ Port of Oakland cargo surge cools off The Port of Oakland’s six-


month-long containerized cargo surge came to a halt, as expected, in February -- down 1.3% from a year ago. February import cargo


decreased 5%, year-over- year.


It was the first decline


in import volume since July 2018. February exports were down 8.2%. The shipment of empty containers back to origin destinations increased nearly 7%. Port officials attributed


decreased volume mostly to a pause by shippers following a 2018 global trade frenzy. Shipments spiked last year as importers rushed cargo to the


US ahead of anticipated tariff increases.


since predicted an import slowdown due to jammed warehouses and delays in tariff hikes. Port officials said export


volume has been held down by a strong US dollar. When the dollar is strong, American goods are costlier for overseas purchasers. Shipping lines have


responded to lower volumes by canceling some Asia-US voyages, they said.


Asia is


the Port’s primary trading partner. Oakland reported a 9.7% drop in February vessel calls compared to last year.


First Kia


Telluride crosses Brunswick docks


Representatives from Kia Motors Manufacturing Georgia, the Georgia Ports Authority, the Georgia Department of Economic Development, the International Longshoremen’s Association and the shipping line Glovis cut a ribbon aſter the first Kia Tellurides was loaded


for export on the roll-on/roll- off vessel Sirius, Tuesday Feb. 26, 2019, at Colonel’s Island Terminal in Brunswick, GA. Kia Motors Manufacturing Georgia plans to ship approximately 3,000 Tellurides per year to global markets. (GPA/Stephen B. Morton photo)


Analysts have


Issue 3 2019 - FBJNA


Port of Los Angeles sees 2.7% decrease in TEUs in February


The Port of Los Angeles moved 705,306 TEUs in February. While it was the third busiest February at the port, it represents


a 2.7% decrease compared to last year’s record-


setting February. The timing of the Lunar


New Year, when production in some Asian countries slows, resulted in some cargo being shipped


in January rather


than February. “After the busiest seven


months in the history of our port, the anticipated ease in cargo volume provides an opportunity for us to regroup


3


with our stakeholders,” said Port of Los Angeles Executive Director Gene Seroka. “With an uneven trade flow, we will be closely evaluating next steps for enhancing supply chain efficiencies.” For the first two months


of 2019, port volumes have increased 1.6% compared to the same period last year. February 2019 imports


dropped 9.1% to 348,316 TEUs compared to the previous year. Exports decreased 9.5% to 142,554 TEUs. Empty containers increased 16.3% to 214,436 TEUs.


Port of


Brownsville posts records for 2018


The Port of Brownsville set new records in tonnage and total operating revenue in 2018, moving 11.3 million tons of diverse cargos with operating revenues of more than $24.2 million. The


results reveal a 6.6% increase in cargos, a 25% increase in rail movements, and a 2.5% increase


4 >> in operating


revenues from the previous year. Contributing


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